Traders are feeling great after the rebound from yesterday but it has bear market markings all over it. Charts throughout the market look awful, the VIX hasn't spiked, uncertainty remains, new lows have not spiked and we haven't even tested the lows of February yet.
Short @ 2707-2715 with a stop at 2722!
Short @ 2707-2715 with a stop at 2722!
Trade active
Trade enteredNote
Trade working well, target yesterday's lowNote
Trade has netted over 70 SPX points at this point. Feel free to take some offNote
It is likely that we break yesterday's low and go further in the coming days however.Trade closed: target reached
Target reached but I am personally keeping this trade on with a smaller position size
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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.