FX:SPX500   S&P 500 Index der US gelisteten Aktien
Price bounced from the resistance level and moved lower. We have an entry level below 2170 for opening short trades. There are following arguments for this:
- on the daily chart price bounced from the resistance level
- on the daily chart MACD falls and confirms down movement
- we have double top pattern on 4H chart
- we have confirmation for opening short trades from MACD and DMI on 4H chart
Place a stop order above the resistance level and a take profit order near the support level . If price breaks 2150 the following target can be 2100.


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