sngyuchao

ES Short: Chasing the down trend

Short
CME_MINI:ES1!   Futures E-mini S&P 500
I am not a fan of chasing the trends. It usually means that I haven't been paying attention. But then I believe that with good risk management, some trend chasings can see be profitable and quantitatively sound. And thus here is my trade idea on S&P.

Outside of technical analysis, the recent news that long-term yields are rising also support my overall analysis that USD will rise against most products. These include Yen, Crude, Gold, Silver, S&P, Dow and the FX majors.

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