DimitrisRitsos

RECESSION signal

Short
TVC:SPX   S&P 500 Index
The algorithm signaled a recession.
Similar signal as 2008 and 2001
This means that we are in the early stages of a sudden correction.
For this reason, I have to use two important strategies.
1. There is time for a percentage liquidation strategy in the near future, for any buy position that i have, when the market goes for new high.
2. Use of the trailing stops in buy positions that I have.
It is very important in this time do not entry with sell position.
Think to liquidation

This is an algorithmic RECESSION signal for SPX500.
Indicator or methodology about this
algorithmic trading signal does not exist
in the Tradingview public library
Before placing an order PLEASE check your risk
There is the possibility of increasing your position

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.