S&P500 - Short Idea Short

S&P 500 index of US listed sharesFXCM

Description

⋅ Apr 23, 2021 8:34 AM

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

⋅ Apr 23, 2021 3:48 PM

That was a swift pop.

Trade closed: stop reached

⋅ Apr 26, 2021 7:44 AM

nope...