spx500 short idea Short

S&P 500 index of US listed sharesFXCM

Description

⋅ Mar 9, 2015 3:23 PM

i have doubts it can break 2080 especially after 2074 touch, so i short 2076 with target 2042 and then bounce to 2072 may occur.

Comments

julia17

⋅ Mar 10, 2015 4:16 PM

short is closed on 2052 waiting for bounce for re-short on 2068-2072

Martzee

⋅ Mar 10, 2015 10:40 PM

Looks like you were right with the sell off.

What's your time frame for the bounce to 2068 - 2072?

julia17

⋅ Mar 11, 2015 7:19 AM

hi, Martzee, i think tommorow 2072 is possible, and for today's high - 2057

julia17

⋅ Mar 9, 2015 3:38 PM

sure, 2080-2042 during 2 days and then bounce to 2072 till friday

Martzee

⋅ Mar 9, 2015 3:51 PM

Really? And what would spark such large move? It would have to fall 20 point both days.

Martzee

⋅ Mar 9, 2015 3:52 PM

not saying it would never happen, just trying to understand what would be behind such move.

julia17

⋅ Mar 10, 2015 7:20 AM

may be statistics , i don't know. also, there is bat pattern with target 2042.

Martzee

⋅ Mar 9, 2015 3:28 PM

I don't think this would happen today. Maybe later this week.