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S&P 500 Index
Short

SPX - at major trendline, Narrow SL shorts can be tried

By yossarian121
Updated
SPX at critical levels. Obvious trendline
Shorts with days high as SL can be tried
Note
Going as per plan. Use trails of your preference to protect gains
Trade closed manually
SL now at day's high. Can book part profits here to protect gains and trail rest
Closing the idea. Any significant bounce will be fresh shorting opportunity
Note
We are getting a bounce. 4195 (aggressive) and 4220 are the points to look for fresh shorts
Note
Yesterday's comment was to look for a short somewhere between 4195 and 4220. High today almost midway and then cratered towards 4060 odd
Trade closed: target reached
Closing bearish view here
We might fall more but bears will need some luck
Trend Analysis
yossarian121

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