SNX - Short from 100.93 to 84.
SNX is forming a head & shoulder. It has build downward momentum & also has fundamental weakness as well.
We think it will fall down to 84 level.
For the option trade we are looking for Dec $105 put which traded for $7.2
You can check our detailed analysis on SNX in the trading room/ Executive summary link here-
youtube.com/watch?v=lqrvUlhlDFI&feature=em-uploademail
Time Span: 13.45"
Trade Status: Pending
We think it will fall down to 84 level.
For the option trade we are looking for Dec $105 put which traded for $7.2
You can check our detailed analysis on SNX in the trading room/ Executive summary link here-
youtube.com/watch?v=lqrvUlhlDFI&feature=em-uploademail
Time Span: 13.45"
Trade Status: Pending
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Check out some of our free video examples @ smartmoneytrading.com/insights/
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