On October 9 I shared a trade idea to sell short the S&P 500 (US500.I) as the steep early-October rally had reached extreme overbought readings. With Tuesday's bearish reversal, the trade idea remains intact and an update is warranted.
from Feed for all trade views http://ift.tt/1MqfTor
UPDATE: S&P 500 looks ready to take a breather
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