MA's and Slingshot giving beautiful short signal on SPX

17 thg 1, 2019

I recently started studying the Slingshot system by chrismoody and find it super relevant so far. In the chart above we have an aggressive sell setup coupled with a bump into some simple MA resistance. On top of that this lovely opportunity comes after a somewhat exhaustible run up since first week of November 2019 making a small correction all the more feasible. My target over the next 2 - 4 days is 2512 - 2550.