TMV Swing Trading Report – Short  September S&P @ 1321.50 – current price @ 1300.50 – S&P posted a low of 1295.75–just missing the target objective of 1295.50–before turning higher. The market posted this new low near the upward sloping median line and on today’s projected reversal date. I look for the corrective rebound to continue, therefore, it is time to close the short position and bank the gains.

 

September S&P - click to enlarge

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