Micro E mini S&P500 15/4/2024
Updated
We are at an interesting place in the S&P500, on a positive news week the market failed twice.
NFP and CPI news. In my believes and past experience this is showing signs of market exhaustion.
I have put a Sell stop at the stop of last weeks price movement risking 1% to gain 2.3%
NFP and CPI news. In my believes and past experience this is showing signs of market exhaustion.
I have put a Sell stop at the stop of last weeks price movement risking 1% to gain 2.3%
Trade closed: target reached
Prior to the 4th quarter reporting coming out the market dropped heavily. This was due to large number of sell contracts coming in from the COT report. we reached our target of 1:2 RR
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