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S&P 500 Index
Short
Updated

S&P500 - Short Idea

99
This one is a 4:1 idea here. I just don't see the upside.
Price strongly dropped and with basically EVERYONE on the planet long stocks...a perfect time for a dump.
I see price making a bearish Flag even on the 4 hour (a touch early to tell)

Let's see where this goes!
Happy Trading!
Note
That was a swift pop.
Trade closed: stop reached
nope...
MattArmstrong
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
Chart PatternscryptodollareconomyHarmonic PatternsindexinvestSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis

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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.
Chart PatternscryptodollareconomyHarmonic PatternsindexinvestSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
MattArmstrong
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.

Related publications

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.