S&P 500 Index – Is this a great setup to short here?

Posted by Jack Crooks - Black Swan Forex

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Two points on a short of S&P 500 here:

  1. We know the risk and it isn’t far away…new highs

  2. The Fed will now likely raise interest rates—the market loses some juice at the margin..

Take a look…. 

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Larger Chart

Regards,

Jack

 

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