MattArmstrong

S&P500 - Short Idea

Short
FX:SPX500   S&P 500 Index
This one is a 4:1 idea here. I just don't see the upside.
Price strongly dropped and with basically EVERYONE on the planet long stocks...a perfect time for a dump.
I see price making a bearish Flag even on the 4 hour (a touch early to tell)

Let's see where this goes!
Happy Trading!
Comment:
That was a swift pop.
Trade closed: stop reached:
nope...

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