Rule_no1

SP500 SELL ON STRENGTH !!!

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FOREXCOM:SPX500   Indeks S&P 500
Good Day Traders!

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LATEST UPDATE ON SP500:

"Stay committed to your decisions, but stay flexible in your approach"

We hit our stop yesterday BUT we still stick to our decision of SHORTING SP500. Long term trend is still DOWN. SP500 is currently having hard time with the resistance near level 2500.

We are taking this opportunity to SHORT. Do set your CL tight as the market will be very VOLATILE these day.

Investors are now betting that US lawmakers will back a reported $2 trillion stimulus bill to combat economic fallout from the Covid-19 pandemic. BUT if they failed to secure the stimulus package, US market will be having another BIG fall down!!! The risk reward is GREAT!


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Follow us Rule_no1 : "All the hard work, all the sacrifices and all the sleepless nights will pay off"

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Happy Trading :)


DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Trade at your own risk.
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