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Time to Be Bearish SPX500

Time to Be Bearish SPX500

Jamie Saettele, CMT, Sr. Technical Strategist

This video explains why the SPX 500 may finally be ready to take a dive. Resistance comes in at 2107.60-2109.90 in the index (2105-2107 in June futures). Big levels to pay attention to in the index are 2080, 2059, 2040, and 1981. June is historically the worst month for the US stock market. Visit SB Trade Desk for more analysis and trade setups.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.