18 July 2016 at 7:02 GMT
Serge Berger of TheSteadyTrader.com is looking to short the S&P 500. He says that the index has moved beyond its short-term moving averages.
Berger believes that investors should question if the 9% rally, that we have seen over the last two weeks, has not already been priced in.
Berger is shorting the S&P 500 via the SPY ETF at $216 and he is setting a stop loss at $218. He is targeting $213.50.