Dropping the large-cap shoe

Theo SwingWaiter
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Yesterday we suggested that it could be timely to open a short position in the Russell 2000 based on the appearance of a bear cross on the daily DMI chart.

A similar bear cross appeared today on the daily DMI chart for the S&P 500. A short SPX position could be timely here as well.
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We are short from 4477 on the June contract, with profit target of 3685 and stop-loss of 4741.
Chart PatternsSPX (S&P 500 Index)Trend Analysis

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