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PowerTrades

Low Risk Short potential

Short
S&P 500 Index (FX:SPX500)  
PowerTrades Updated   
FX:SPX500   S&P 500 Index
S&P 500 (SPX500) SPX (S&P 500 Index)
1
0
spx500 spx
This seems to be a great point to take a low risk shorts with stops above 2100 levels.a break down of 2050 can signal a good trade.
Comment:
Shorts at 2078 stops above 2105
Comment:
So far so Good, the low risk contrarian entry is doing fine. 2010-15 will be important to watch out. How is that level respected.
Trade closed: target reached:
Time to close the shorts near 2005 range. I would expect markets to hold up 1990-2000 range before the FED event. overall a near 75 points trade with a 27 points risk.
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