SP500 going higher Yes or No?

14 lug 2016

Today we are fighting the dividing line between the potential top and the boundary to go even higher for the US Stock Market index. Taking the Brexit move as the key launch point the 127% Fibonacci extension is at 2156.75 on the September /ES futures. The close above or below this level this week is KEY. So why not put a good reward/risk bet on the close? For this I'll be using Nadex Binary Options.

I'm taking a bet with the Nadex SP500 Weekly binary that we will close below the 127% this week with the 2152.5 Option for 0.76. I stand to make $76 while risking $24, not counting commissions if we can close the week below this level.