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Short

US500 Outlook 5/14

By akhena10fx
Updated
A little late on US500 outlook for this week. Bearish but I think we run up first.
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snapshot long on SPX
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snapshot reducing risk. price has been so choppy.
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snapshot going break even
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snapshot forward testing position added for afternoon session.
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forward testing position stopped out. still holding,. snapshot
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snapshot taken out break even. terrible price action to work with today.
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breakeven-ish
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snapshot does look as though a "sick sister" scenario is playing out with the indices as NAS takes a dive to get in line with US30 and 500. there was no need to be forcing the long here as your original idea just needed patience on NAS.
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snapshot I was early on longs yesterday. c'est la vie.
Trend Analysis
akhena10fx
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