LeoYao

Two Potential Short Zone For SPX500

Short
LeoYao Updated   
FX:SPX500   S&P 500 Index
14
Please check
1.2085
2. 2094 to 2102 zone

These two might be the best short position
Comment:
Hit the yellow zone, start to short
Comment:
If you want to SL, please SL when the price is over X. Now still safe.
Comment:
The price did not hit X which is our SL.
If you trade from the upper level of the yellow zone where I also added one more position there,
today lowest is 2084.9 till now, around 170 pips.
Comment:
The price comes up again, but no need worry, i believe all my students have taken some profit.

And for those who did not take any profit, I believe your trade is still active as it did not go higher than the X point which should be our minimal SL. And most important thing I need to tell you is, the price pattern looks more likely a double header
Comment:
Half position took profit around 2086, half has moved SL to entry which were hit by market today.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.