TA: S&P 500 - Going short with a stop-loss above 1,340

Date: Tuesday 12 Jun 2012

It became evident on Monday that 1,335 is a resistance level for the S&P 500. It could have been expected because there was a relative lower high at that level.

If the index corrects a little further and then closes above 1,340 points, we would begin to discuss...

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