SPX SHORT

Updated
SPX SHORT TRADE MARKED ON CHART

THIS TRADE IS TO BE TAKE WITH SMALL LOT SIZE, FROM WHERE WE STAND CURRENTLY IN THE MARKET, ITS A COIN TOSS BETWEEN A PULLBACK AND THE RETEST OF 3250 TO 3260

IF THE TOP IS BREACHED, TRADE LONGS, WITH TARGET TO 3250 AND 3260

PLEASE DO YOUR OWN DUE DILIGENCE AND ANALYSIS, TRADE AT YOUR OWN RISK
Trade active
SMALL LOT SIZE, IF THE DOWNSIDE MOVE IS CONFIRMED WILL ADD TO THE POSITION ON PULLBACK/RETEST
Comment
Move Stop Loss to the previous day high
Comment
snapshot
Comment
Good, we are in nice profit now.
Move Stop Loss to break-even

snapshot
Trade closed manually
I am closing this trade here, specially because anything goes during the pre morning hours.

The 15 min chart is showing signs of healthy pullback

snapshot
Trade closed manually
Small win on this one. I have re evaluated the setup and have published a long plan.
So far the long entry is working very well.

SPX - SPX500 LONG
Beyond Technical AnalysisChart PatternsfoldthemarketfoldthemarkettradingshortshortsetupS&P 500 (SPX500)Trend Analysis

Related publications

Disclaimer