Technician

UPDATE: PULLING THE SHORT TRIGGER ON THE U.S. STOCKS MARKET

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Technician 已更新   
SP:SPX   标准普尔500指数
59
My short trade from mid December is playing out well so far. However, am taking partial profits at 1821 support level.

1821 level is a major support over the medium to long term, so it is a good idea to book some profits, although i remain bearish on the stocks market.

A break below 1821 will probably confirm a move to my full target around 1608.

For more about it you might be interested in is risk here to stay, or Three economic indicators warn of a recession
Best Regards,
thefxchannel.com/
Technician
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First target hit
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