S&P 500 and Other Global Indices Rally to 50 SMA, Setup Short Opportunity or Chance to Cover Existing Long Positions

In today's video we observe how key equity indices are close to rallying back to their 50 SMA. This may be an opportunity for those with long positions to cover, or to initiate a short position with a favorable reward/risk ratio.

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S&P 500 and Other Global Indices Rally to 50 SMA, Setup Short Opportunity or Chance to Cover Existing Long Positions