We have been stop out on SP500 for quite few times. So we have decided to wait and monitor SP500 since the volatility is high, and ACTION TAKEN by FED is unpredictable.
So HOPEFULLY this time we are right. We will start shorting now between level 2570 - 2620. TP is to break PREV LOW. RISK REWARD IS GREAT!
However, do note that this is a long term trade idea. We might be trading in between the DOWNTREND. DO SET UR CL AND short term TP.
Plan your trade, trade your plan.
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