wakaoeh
Short

S&P 500

INDEX:SPX   S&P 500 Index
118 3 1
classic breakout pullback retest setup, combined with 50% fib retracement. Short @ 1607, SL @ 1630, target 1540
PaulWallace
3 years ago
Nice trade. I agree with you here, but I would like to see some fundamental catalyst to spark more selling before I get in - NFP's on Friday could be the catalyst.
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HenningGurth
3 years ago
I would wait to breakdown confirmation in the last bull suport 1601. Or use microscope (30m or 15m).
Very nice chart. I dont like candle, but very clear chart.
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wakaoeh HenningGurth
3 years ago
Thank you both for the comments, appreciate them. Maybe i was a little too early with my trade, as there is US holiday and all important NFP on friday. Waiting for confirmation after NFP results will definitely increase the probability of this trade.
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