BeniGo
Long

SP500 LONG WEEKLY

TVC:SPX   S&P 500 Index
Dear Gamblers,

Seems that this index is going to take a deep breath and show us some strength. Personally i will trade this with stop loss really far away (due to volatility ) so here is the strategy i am going to follow:

STRATEGY:

Open long IF today closing price is higher than 2500.
Target around 2900.
Stop 2150.

At 2900 i will start to add on shorts as i think this is merely a corrective move rather than a new bullish cycle.

Reasons: The recession has still not yet been discounted on the price and it will, believe me. Do not invest now, is not yet the time.

Have fun out there,
Kind regards,

BeniGo.

***I am not your financial advisor neither I intend to be, please do your own research before risking your money***
Trade closed manually: Trade closed manually as i do not see momentum. 1% Loss.

Kind regards,

Comments

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