In the S&P 500 Index Futures, there may be retreats before throwing above 3200.
In contrast, over 3200 big sales can be seen in the scenario.
There is also a negative divergence between the price and the indicator.
Since this is major trend, it may be late to come back to reality but it can be taken into consideration.
The downfall will of course occur, but it is important to catch up with the appropriate position limit.
Because if we leave here with a nice profit, we can join the long position without leverage.
Therefore, this position can be tried several times, first.
I think that the short position can be tested in a low risk way under the following parameters:
POSITION SIZE : %1
RISK/REWARD RATIO : 1/3
STOP-LOSS : 3162.3
GOAL : 3065
In contrast, over 3200 big sales can be seen in the scenario.
There is also a negative divergence between the price and the indicator.
Since this is major trend, it may be late to come back to reality but it can be taken into consideration.
The downfall will of course occur, but it is important to catch up with the appropriate position limit.
Because if we leave here with a nice profit, we can join the long position without leverage.
Therefore, this position can be tried several times, first.
I think that the short position can be tested in a low risk way under the following parameters:
POSITION SIZE : %1
RISK/REWARD RATIO : 1/3
STOP-LOSS : 3162.3
GOAL : 3065
Trade closed: stop reached