Short SPX

FX:SPX500   S&P 500 Index
108 0 5
Looking for a short somewhere between 2105 - 2110

Reasons for the trade:
  • Dollar strength due to planned rate hike
  • Volatility from devaluing Yuan
  • Top of a downward channel
  • Strong resistance that hasn't been broken yet

Initial target would be the bottom of the channel but could be lower if it breaks that.

Trade active
Trade closed manually
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