Short Trade For The September E-mini S&P 500
Today's open has brought some relief for bulls after yesterday's crash. A sell with the prevailing bearish trend may be a good way to get in on the action. Here is the plan:
1)Entry: Sell 2736.25
2)Stop Loss: 2750.25
3)Profit Target: 2722.25
4)Risk vs Reward Ratio: 1/1
This trade is a short-term position trade to the bear producing 54 ticks. If it is not elected during today's session, then it may need to be reevaluated ahead of Thursday's U.S. GDP release.
1)Entry: Sell 2736.25
2)Stop Loss: 2750.25
3)Profit Target: 2722.25
4)Risk vs Reward Ratio: 1/1
This trade is a short-term position trade to the bear producing 54 ticks. If it is not elected during today's session, then it may need to be reevaluated ahead of Thursday's U.S. GDP release.