S&P 500 Index
Short
Updated

SP500 Short the resistance retest. Decent R/R ratio. Daily chart

Shorting this second resistance touch on SP500.
Reasons:
  • Second touch on resistance
  • Bearish RSI
  • Dropping bullish volume
  • Decent R/R



Strategy:
R/R = 2.81 or 4.23
Entry: around 3010
Stop: 3054
Target 1: 2888
Target 2: 2819

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Trade safe friends!
Trade closed: target reached
Target reached. +2.81R

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