S&P 500 Index
Short
Updated

S&P500

29
Down Trend. Price was close to the upper band of regression line but unfortunately price formed a Bearish engulfing pattern and went down dramatically. There is also a bearish divergence.
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15 min. Bearish divergence. A lot of upward price rejections formed through bearish engulfing patterns. 0.20% risk taken

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I didn't take profits yesterday. I choose to trail it with creating a positive r/r ratio

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Trend has changed to positive. Closed half of the position.

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