At this point, we are looking for price action to retrace back to 2350.00 after the downthrust that took place across the board in major indexes.
IF the price retraces to a more faborable level, we can look for a short entry that meets our trading plan's entry criteria for the S&P500.
The key word for this opportunity is patience since we want it to set up for a short and not hop on board before it does set-up.
IF the price retraces to a more faborable level, we can look for a short entry that meets our trading plan's entry criteria for the S&P500.
The key word for this opportunity is patience since we want it to set up for a short and not hop on board before it does set-up.
Nota
Looks like the E-Mini S&P500 stopped a few ticks away from our short entry area. We did not enter the trade since it does not yet meet our entry rules. #patiencepaysNota
The E-mini S&P500 is currently in our short entry area. We are awaiting further confirmation before initiating the short as shorting right now would prove aggressive.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.