Let's take a shot shorting the S&P here @ 2930. See the chart above for my reasoning -- posting this quickly!
Short S&P @ 2930
Target 1: 2915
Target 2: 2890
Stop: 2940
Short S&P @ 2930
Target 1: 2915
Target 2: 2890
Stop: 2940
Trade active
Trade closed: target reached
Target 1 reached. High potential for target 2. I do not expect the market to sell off much more than target 2 in the short term, however.Note
Target 2 Reached
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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.