Get started
S&P 500 Index
Short

Going Short on SPX

By MacMoov
Updated
The market has spent the last week trying to cross the resistance levels. Pre-market the ES rolled over based on China's Tarif news. There is also the anticipation of Powel's speech at 10AM and him saying either nothing or not confirming future rate cuts. There are also two gaps below that need to be filled.
Trade active
Thank you President Trump. His tweet just broke the market and I'm now very much in the positive.
Trade active
That first gap has been filled and it is heading towards the second gap.
Trade active
second gap filled. I'm now contemplating taking profits or letting it ride until Monday.
Trade closed: target reached
Closed my two open positions for a 2% and 3.9% gain.
Trend Analysis
MacMoov

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.