Entry: 4165, Stop loss: 4185, Take Profit: 4105 ( conservative ) 4080 ( radical )
If you're trading index futures I would be cautious of where to put your monies. I'm bearish for many reasons:
- Increasing inflation, continued economic growth while feds are trying to put the flames out of the overheated economy, increasing interest rates to lower consumer and producer spending (businesses will eventually have lower earnings growth -- affecting investors sentiment in regards to EPS and dividends), and many many more.
If you're trading index futures I would be cautious of where to put your monies. I'm bearish for many reasons:
- Increasing inflation, continued economic growth while feds are trying to put the flames out of the overheated economy, increasing interest rates to lower consumer and producer spending (businesses will eventually have lower earnings growth -- affecting investors sentiment in regards to EPS and dividends), and many many more.