hankchef

Monday SP500 trading plan

Short
FX:SPX500   S&P 500 Index
Monday's trading plan:
1. First short @ 2086 to 2088 ES, stop loss 2090ES or SPcash 15min candle closed above Resistance Area. TP1 2066 cash. TP2 2036 cash.

2. If first short stopped out, look for a long scalp to 2098.8 to 2113.8 cash, stop loss 2085 or under Resistance Area.

3. If 2110 touched again and not able to break, short @ 2110ES, stop loss new high(2116), TP 2088.

If plan 1 fills, there will be no plan 2 and 3.

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.