ChartArt

S&P 500: None of dem kicks go boom

Short
ChartArt Updated   
SP:SPX   S&P 500 Index
None of dem trend lines fill the room. None of dem kicks go boom.

None of these stocks can dance. Not a single one of dem stand a chance.
All of dem divergences are a mess. I've seen it all before, I'm not impressed.

I'm hedging my long from 2580 with a short in this price area, because too many stocks are at a risk of a trend change.

Short entry: 2694
Target: 2509
Stop loss: 2768

Risk/Reward: 2.5
Trade active:
The market opened much stronger yesterday than I had anticipated. I went short today at the open at 2712.5 after watching how the first minutes were traded.


The intra-day high today so far after the open was 2715.53.
Trade closed manually:
I closed the short hedge from 2712.50 today at 2710

I kept the short open for so long, because it was a hedge for my long from 2580, which remains open.

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