SPX Correction
Entry 1: 1745 - Risk 0.1% per 10 points, wide stop loss
Entry 2: 1770 - Risk 0.25% per 10 points, tight stop loss
GL swing traders.
Anytime the SPX reaches new highs, I will consider shorting it. Once momentum dies of course.
Why?
Record market leverage. This does not make for a stable market. When players are highly leveraged, they have little problem with reducing leverage and taking at least "some" profits off the table. If they don't reduce size at new highs they are susceptible to significant equity losses, compared to the yield stocks provide, its worth it.
Entry 2: 1770 - Risk 0.25% per 10 points, tight stop loss
GL swing traders.
Anytime the SPX reaches new highs, I will consider shorting it. Once momentum dies of course.
Why?
Record market leverage. This does not make for a stable market. When players are highly leveraged, they have little problem with reducing leverage and taking at least "some" profits off the table. If they don't reduce size at new highs they are susceptible to significant equity losses, compared to the yield stocks provide, its worth it.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.