MattArmstrong

S&P500 - Short Idea

Short
FX:SPX500   S&P 500 Index
-I see a double top has formed
-I see a bearish divergence signal on my proprietary indicator.
-I see a crazy market
-I see a HUGE level of $4000 _
-I see a Doji on the uptrend (significant)

I used a wide stop and it's a 2:1 RR, 1% risk.
Trade active:
Into profit... we will see when the printing machines start spooling up.
Trade closed manually:
I was at break even on this trade, this market is so darn lofty...NEXT!

I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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