S&P500 might set up for a short
Güncellendi
At this point, we are looking for price action to retrace back to 2350.00 after the downthrust that took place across the board in major indexes.
IF the price retraces to a more faborable level, we can look for a short entry that meets our trading plan's entry criteria for the S&P500.
The key word for this opportunity is patience since we want it to set up for a short and not hop on board before it does set-up.
IF the price retraces to a more faborable level, we can look for a short entry that meets our trading plan's entry criteria for the S&P500.
The key word for this opportunity is patience since we want it to set up for a short and not hop on board before it does set-up.
Not
Looks like the E-Mini S&P500 stopped a few ticks away from our short entry area. We did not enter the trade since it does not yet meet our entry rules. #patiencepaysNot
The E-mini S&P500 is currently in our short entry area. We are awaiting further confirmation before initiating the short as shorting right now would prove aggressive.
Feragatname
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