Get started
WinnerTrader99

$SPX Tricky trading on Monday between 2914 and 2980 key 2965

Short
S&P 500 Index (SP:SPX)  
WinnerTrader99 Updated   
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators
10
2
trendanalysis chartpattern indicator
Its very tricky to trade on coming sessions as market bounced on Thursday and Friday with lower volume which make signals not clear . the most projected scenario is that market will keep up-down between 2918 and 2980 with key point at 2965 . Technical pattern showing negative trend and still targeting 2820 at least . ofcourse headlines will play strong rule specially on next 2 weeks but the main is issue is Fed decisions .. what happened during recent fed sessions is that market keep up or hold till fed day then drop dramatically, which happened 3 times before and could be repeated for this time .. whats make this idea as bearish is broken RSI and Stochastic indicate further decline.. thanks for your reading wish you good luck ...
Trade active:
Trade closed: target reached:

Related Ideas

WinnerTrader99
$SPX Better to Short it when its overbought remained bearish
WinnerTrader99
$SPX Weak indicators signals showing potential drop to 2957
WinnerTrader99
$SPX BE READY WITH SHORT POSITIONS BEFORE FED DECISION BEARISH
WinnerTrader99
$SPX Up to test 2956 - 2970 then drop again to 2800
WinnerTrader99
Optimistic $SPX Uptrend to 3000 Before 1st week of Sep
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.