SPX500 Short Trade Setup

18 Mar 2021

The last top is the all-time high, and it seems ready to make a quite big downward impulse. That's why I placed a pending order, and I'm in the trade now. We may have a complete expanding flat over the trendline. So it can make a new high. In that case, I'll try to close my trade with a small loss. Otherwise, I'm going to wait for a correction to take another short trade.