LeoYao
Short

Two Potential Short Zone For SPX500

FX:SPX500   S&P 500 index of US listed shares
261 4 14
Please check
1.2085
2. 2094 to 2102 zone

These two might be the best short position
Comment: Hit the yellow zone, start to short
Comment: If you want to SL, please SL when the price is over X. Now still safe.
Comment: The price did not hit X which is our SL.
If you trade from the upper level of the yellow zone where I also added one more position there,
today lowest is 2084.9 till now, around 170 pips.
Comment: The price comes up again, but no need worry, i believe all my students have taken some profit.

And for those who did not take any profit, I believe your trade is still active as it did not go higher than the X point which should be our minimal SL. And most important thing I need to tell you is, the price pattern looks more likely a double header
snapshot
Comment: Half position took profit around 2086, half has moved SL to entry which were hit by market today.
Thanks for your reply. I hope you can post if you have news about SPX500.
Reply
LeoYao NamNguyen5s
NP. I will definitely publish once I have new idea.
Reply
You think SPX500 will fall on Friday?
Reply
LeoYao NamNguyen5s
Do not know yet. But I will still short it. I need to look at it tonight and do more analysis.
Reply
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