Hello all
Pretty quiet trading week for me so far. But SPX 500 is giving a nice short entry here. A major support has been broken. I was looking for a retest and failure after intial sell off. It got rejected at 4h kijun and 200 sma. The risk to reward here is 3:1. I am taking this entry.
Fundamentally, there is some problem coming up with healthcare at White house.
VIX daily is also breaking out of cloud with macd above o line.
There is enough conviction for me to take a short here.
Happy trading
Pretty quiet trading week for me so far. But SPX 500 is giving a nice short entry here. A major support has been broken. I was looking for a retest and failure after intial sell off. It got rejected at 4h kijun and 200 sma. The risk to reward here is 3:1. I am taking this entry.
Fundamentally, there is some problem coming up with healthcare at White house.
VIX daily is also breaking out of cloud with macd above o line.
There is enough conviction for me to take a short here.
Happy trading