SP500 short setup - retracement play
Updated
positive news are out from federal reserve in regards to stocks, rate cut expectations driving market higher and higher. Crypto markets, especially some altcoins going up rapidly.
although markets typically won't go too high without a retracement even when news hit. Good time to fish a short here and take profit on the shakeout.
Good Luck
although markets typically won't go too high without a retracement even when news hit. Good time to fish a short here and take profit on the shakeout.
Good Luck
Trade active
Trade closed: stop reached
hard to be trading reversals these days
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