SP500: Consider taking a SHORT SELL - Trading Consultant | Securities | Research

Monday 06 Feb 2012

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Monday, 30 August 2010 00:58

POINT OF VIEW
SP500: Consider taking a SHORT SELL

Summary. We have not seen any bullish pattern from SP500. We think that the upside is just a rebound. Consider taking a SHORT SELL for the next few days. Sell on strength when hourly momentum is bearish reversal. The next high probably downside target is around 1035 - 1014.

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Analyst Certification:

The views expressed in this research report accurately reflect the analyst’s personal views about any and all of the subject securities or issuers; and no part of the research analyst’s compensation was, is, or, will be, directly, indirectlyrelated to the specific recommendations or views expressed in the report.

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