China euphoria and further cut expectations
Fundamentals
SPX
- China stimulus news
- Risk: Seasonality
USD
- Strong dovish remarks from Golsbee
Technical & Other
Setup: TC(B)
Setup timeframe: 4h
Trigger: 1h
Medium-term: Up
Long-term: Range
Min target: 3R, Fib ext. level
Risk: 0.5%
Risk (R): 0.5R
SPX
- China stimulus news
- Risk: Seasonality
USD
- Strong dovish remarks from Golsbee
Technical & Other
Setup: TC(B)
Setup timeframe: 4h
Trigger: 1h
Medium-term: Up
Long-term: Range
Min target: 3R, Fib ext. level
Risk: 0.5%
Risk (R): 0.5R
Trade closed manually
-0.3RTrade active
Reentered with 0.5RTrade closed manually
Closed at breakeven. It hasn't managed to rally since the beginning of the optimism from China. Now, I'm waiting for a fade of risk assets. Makes less and less sense to hold this one, especially prior to major US news releases.
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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.
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.