ernstschwarz

Potent sell setup is coming up for SPX500 / S&P500 / US50

Short
ernstschwarz Updated   
FX:SPX500   S&P 500 Index
dont risk more than 1 % of your account on the stopploss.
make sure to calculate your lot size correct.
make sure to open at least 3 trades (in case your broker does not allow
you to partially close your trade).

put to breakeven after target 1 was hit.

good luck and have fun!

Comment:
i think i should offer signal service:
whenever i go long you should sell the hell out of the market ;)
Comment:
sorry for wrong placed comment. was ment to go below my eurgbp idea. simply forget about it.

MEANWHILE ON SPX500:
Price kicked back to the 0.618 fib and sell trades been placed on market

Comment:
we might see another attempt for upside
Comment:
target 1 hit , rest to breakeven.
will add some position soon
Comment:
is there another chance to sell now?
Comment:
In daily timeframe we have an inside bar breakdown.
I would open sell trades only if price goes 10 pips below the inside bar that is already broken.
Comment:
4h inside bar forming?
Comment:
same on NASDAQ. observe both carefully.
Comment:
sp500 not going down as yet but
price action looks very corrective for more downside to come.
sell break of the upward correction

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