LanHunt

SPX500 short upon cloud breakout,

Short
FX:SPX500   S&P 500 Index
Hourly charts broke through the span B of ichimoku cloud, combined with previous shorts in place i decided to re-ented a trade i closed prematurely. Entry, 2004.3, used 5 min charts to guage entry from 26 Period high low moving average (conversion line), stop 2012, limit 1970.04, using this support line as a guide, daily charts showing double top bode well in my eyes for the bears, i'll be following closely looking for reversals, corrections to maximise profits and signs of the bears breaking/ holding support to best decide when to exit this trade.
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