SPX500; Analysis The Long Term Outlook Pre News
Hey Traders,
After such an extreme rally, is there room for shorts?
We all know there is momentum in buying behind the SPX, but what is the short case?
Well. The thing is, nothing goes up forever without some fall, especially when you are looking at major indexes.
I cover it here.
After such an extreme rally, is there room for shorts?
We all know there is momentum in buying behind the SPX, but what is the short case?
Well. The thing is, nothing goes up forever without some fall, especially when you are looking at major indexes.
I cover it here.
Nota
Looking short at previous highs.Nota
Lock in some gains.Nota
Re Short Bias.Nota
Maintaining shorts at returned areas.Nota
And further maintained on pending swing.Nota
Re shorts.Nota
Maintaining bias again, but note, lack of resistance above prev highs. Just be conservative with entries.Nota
That means spreading entries, lowering size ^Nota
Slight PA creeping into markets. Follow RM rules and await catalyst. No overleveraging.
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Free Discord Secret Server:
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Posts Not financial advice.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.