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yossarian121

SPX - at major trendline, Narrow SL shorts can be tried

Short
S&P 500 Index (SP:SPX)  
yossarian121 Updated   
SP:SPX   S&P 500 Index
Trend Analysis
3
0
trendanalysis
SPX at critical levels. Obvious trendline
Shorts with days high as SL can be tried
Comment:
Going as per plan. Use trails of your preference to protect gains
Trade closed manually:
SL now at day's high. Can book part profits here to protect gains and trail rest
Closing the idea. Any significant bounce will be fresh shorting opportunity
Comment:
We are getting a bounce. 4195 (aggressive) and 4220 are the points to look for fresh shorts
Comment:
Yesterday's comment was to look for a short somewhere between 4195 and 4220. High today almost midway and then cratered towards 4060 odd
Trade closed: target reached:
Closing bearish view here
We might fall more but bears will need some luck
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