DislikedHere is more support for the short case. On the Daily S&P, which has been moving in tandem with the Euro in recent months, we see that price touched the 61% Fib level and was repelled quickly. The Trix is also coming out of an Extreme Overbought condition and a SELL signal is about to be given as the Fast Trix is getting ready to cross the Slow Trix. Lastly, the RSI is rolling over at the 61 level which has been the ttop for the S&P daily RSI since the drop started on July 22nd.
There are too many factors lining up like ducks in a row here supporting...Ignored
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