popesalmon

SPX SHORT JUL 28 2022

Short
popesalmon Updated   
OANDA:SPX500USD   S&P 500 Index
US is in recession, while Central bank is not admitting it, sentiment across the board is telling a different story.

I am therefore looking for a long-term movement to the downside as price is tapping onto this weekly trendline.

I am targeting the Daily 800EMA, may close position earlier depending on price action
Trade closed: stop reached:
The reason why SPX and US indexes moved up was because of positive quarterly earnings

Hold nothing sacred in search of truth
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