hankchef
Long

Tomorrow will be volatile (potential to go up for the day)

FX:SPX500   S&P 500 index of US listed shares
239 3 1
7 months ago
Forming wedges until FOMC at 14:00 ET.

On most FOMC days SP500             went up and close near the high distal of the candle, occasionally FOMC cause reversals, but the up potential is dominating in the last 5 FOMCs.

So it may be safer to scalp a long trade than short. If this FOMC causes a reversal, then the downside will be huge.

snapshot
7 months ago
Comment: Will test 2100 again, good chance to take a short there, stop loss at new high.
vDr78
7 months ago
What about apple and others ? (After-market drop $AAPL -8%, $FB -2.5%, $GOOG -2.5%)
Reply
hankchef vDr78
7 months ago
noticed that, at least now the SPX futures are not acting to the drop. Unless FANG keep dropping tomorrow. There's no enough reason to take the down side as a day trader, but I will consider building long term short position.
+1 Reply
Reekardo vDr78
7 months ago
look at crude... it rules the day for now. can drop hard on this APi pop. or they force old shorts to cover before it drops back down to 20;s in summer.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out