SP500 Oversold, Bubble, SHORT
Hello traders!
This idea is based on my assumptions therefore please do not take this as a trading advise!
RSI- Oversold, divergency signals and...double top??
Also, looking at the economy results, PPI, coming decisions next week with hight probability of the 25 points drop of rates instead of 50 plus huge budget deficit of USA I think there is only one direction- sell
Anyway, let me know what you think?
This idea is based on my assumptions therefore please do not take this as a trading advise!
RSI- Oversold, divergency signals and...double top??
Also, looking at the economy results, PPI, coming decisions next week with hight probability of the 25 points drop of rates instead of 50 plus huge budget deficit of USA I think there is only one direction- sell
Anyway, let me know what you think?
Trade closed: stop reached
same story but delayed till election days
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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.
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.