mandevillean
Short

Short Trade Setup on S&P 500

AMEX:SPY   SPDR S&P 500
With the trend down on the S&P 500             hourly chart, the higher probability trades now lie there with shorting into rallies.

Potential case in point: the current upswing from Friday's lows.

To determine a trigger point for a short trade into this upswing, we can shift to the lower 15 minute time frame. I will define that trigger level as the swing low prior to the most recent high of 267.01 (based on the SPY             ). The trigger would be a 15 min. close below 261.88 on SPY             .

Should this occur, one could either short on the breakout or wait for an upward blip to take a position (since S&P 500             often does not break cleanly through key levels).

Let's see if this opportunity arises tomorrow.
Deutsch
English
English (UK)
English (IN)
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden