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S&P500 About to turn bearish for the next 2 weeks.

Short
CAPITALCOM:US500   US 500
S&P500 crossed and closed a (4h) candle today under the MA50 (4h) for the first time since December 7th.
Even though that was a buy opportunity then, this time we expect strong selling as the two month Channel Up is on a very strong RSI (4h) Bearish Divergence.

Trading Plan:
1. Sell once the price crosses under the Channel Up.

Targets:
1. 4560 (MA50 1d and Support 2).

Tips:
1. The RSI (4h) is also almost oversold besides showing this Bearish Divergence. Once it gets oversold and bounces, it can give an ideal sell entry near the MA50 (4h).

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Notes:
Past trading plan:


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