SPX on shaky ground

23 août 2021

I'm looking at the S&P 500 coming down during the next few months. Its been in an upward range and approaching key technical short levels. When it down break down from this upwards channel, I would look for a profit target at that dotted price line, which so far have not been retested. Keeping in mind that being long term short requires tight stop losses and moving in to profit as soon as possible.