YaKa

SP500 - NOW - Ultra Tactical Short with tight stop.

Short
FX:SPX500   S&P 500 Index
5
this is a good attempt:

Short 60% 2048 stop 2053 (15bp cost on stop)

Simple rational:
1 – intraday amplitude is already 24pts
2 – 618 fibo of last move down.
3 – most important: against monthly pivot at 2048.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.