Índice S&P 500
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SPX500 - Trading the daily cycle decline

Atualizado
This trade is based on my cycle count and the overbought indicators.
Earlier today we printed a swing on the daily chart.
On the hourly chart we are just back testing the 50 MA and it seems a good place to try a short position:

snapshot

I will not set a stop loss : if I feel the trade is going against us I will post
a Trade closed manually message

My target is the 200 SMA at 2900.


Nota
snapshot
Nota
In a blink of a moment the position is in profit.
It's always hard to steal money from the bull in a bull market.
Nota
snapshot
Trade fechado manualmente
Nota
The bitch tagged the 200 SMA finally.
snapshot
Nota
*beast
Chart PatternsTechnical IndicatorsS&P 500 (SPX500)spx500shortTrend Analysis

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