Description
⋅ Let's take a shot shorting the S&P here @ 2930. See the chart above for my reasoning -- posting this quickly!
Short S&P @ 2930
Target 1: 2915
Target 2: 2890
Stop: 2940
Trade active
⋅ Trade closed: target reached
⋅ Target 1 reached. High potential for target 2. I do not expect the market to sell off much more than target 2 in the short term, however.
Comment
⋅ Target 2 Reached