Cherry94

Gloomy US Data Ride - Equities (May 15)

Long
Cherry94 Updated   
OANDA:SPX500USD   S&P 500 Index
Fundamentals & Sentiment

USD:
- Stretched to the upside according to CFTC
- MoM CPI miss; Retail Sales MoM solid miss

Technical & Other

Setup: S(B)
Setup timeframe: 4h
Trigger: 5m
Medium-term: Uptrend
Long-term: Uptrend
Min target: Fibo ext
Risk: 0.46%
Entry: Market; get in shortly after the US news release
Trade closed: stop reached:
Closed by the trailing stop at 4h low

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