#spoos

Daniel Urdaneta Daniel Urdaneta SPX500, D, Short , a year ago
SPX500: I BOT THE DIP - NOW I'M SELLIN THE RIP
152 0 5
SPX500, D Short
I BOT THE DIP - NOW I'M SELLIN THE RIP

THe S&P 500 reached it's bullish target at the 2000-2020 area (around 200-day MA on the daily chart) with a solid W-shaped recovery not unlike the one experienced on Q32015. There are a couple of technicals that I'm using as a rationale to open short positions from current levels: 1. Lower lows on Jan-Feb, 2. RSI about to hit Overbought on the Daily chart. 3. ...

__SpecialFX__ __SpecialFX__ PRO SPX500, 240, Short , a year ago
SPX500: Downside Pressure remains Strong
328 2 7
SPX500, 240 Short
Downside Pressure remains Strong

The initial reaction from the fed's interest rate hike announcement was a quick spike down and then a rally. However, from a fundamental perspective, the rate hike is bearish for the equity markets. This trade setup is more to do with fundamentals, but also, the 4H Trend is down as we trade within the channel. The spike up attempt today will act as resistance ...

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