Timonrosso

Simon Property Group going back to major support

Short
NYSE:SPG   Simon Property Group, Inc.
Major Inv C and H on Daily has formed...
The price is having some type of recovery before the price continues down.
It's a conservative entry to enter when the price is below the brim level.
This will confirm the downside to come to around $51.00
Also with Moving Averages - 200 > 21 > 7
Bearish
Target $51.00

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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