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MattArmstrong
Mar 17, 2021 7:18 AM

S&P500 - Short Idea Short

S&P 500 index of US listed sharesFXCM

Description

-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!
Comments
KurumiTokisaki
Is the Mayfair Volume Oscillator EMA Theme a private indicator? Appreciate the analysis!
MattArmstrong
@KurumiTokisaki, it is a private indicator yes, message me if interested. It has been improved upon since this version. I am not the developer, nor seller.
MattArmstrong
@KurumiTokisaki, thanks for the comment!
whitneygetspaid
I don't know how to DM on this app😂. but great analysis
MattArmstrong
@whitneygetspaid, thanks for the comment!
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