The S&P 500 index appears to have hit a temporary peak at 4100.90 last Thursday. For the last 4 trading sessions, this market has been trending lower. If we get a rebound, especially towards the 382.% retracement of 4100.90 to 3911.75 at 3984.01 region, it may be opportune to position shorts with an eye on an eventual decline towards 3the 795.00 region.
Limit Sell @ 3983.50. Moved Sell Limit to 4006.00 Fri Dec 9 10:21am. Order Cancelled Sat, Dec 10 00:07am..
Stop @ 4101.50
Target @ 3800.00. Target Hit. Tue, Dec 21, 02:51a,m. +$4,618.40.