#SaxoStrats: Look at the July 210/200 Put spread on Goldman Sachs

The last wave of extension 194.01/214.61 generated a bearish divergence in term of stochastics. Stochastics and RSI are bearish and MACD is about to give us a selling signal. Let's look at the July 210/200 Put Spread (expiry 17th July) to play a correction on the 202.98/202.42 area (respectively 50 days moving average and 38.2% of retracement of 182.71/214.61

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