[marry123]

I am going to put a test short of the S&P 500 on today if my broker will actually let me, at half my normal position size, with the aim of adding to a full position size if it works out, as I believe that we are around the pullback entry point in early Stage 4, but with no confirmation as yet. However, currently they won't let me short it - I'm using the XSPD.L which is the only standard S&P 500 short that I can find on the London Stock Exchange. But I keep getting a message saying that "Dealing is restricted on this security at this time".

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Update: I've managed to do it. There are two etfs for the XTRACKERS S&P 500 INVERSE DAILY UCITS ETF. One listed for in USD which is the XSPD and one listed in GBP which is XSPS. So i needed to use the XSPS and have put on a half position that's risks 1% of my account.

Curious as to what you see here, based on Stan's method, that the S+P may be a good short here.  Can you perhaps put up a chart of the S+P pointing out what you see that may make it a short here?

Thank you.