First4trading.net's Steve O'Hare has made a technical analysis of the S&P 500. He sees several signs that a reversal could happen and wants to short S&P 500 in a medium-termed trade of 2-6 weeks. He expects to set shorts on an approach to an area of 2,082. Stop loss to be placed above the resistance 2,125 or a new swing high. Targets: 1,950, 1,865 and 1,800.

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