mrakyu

Is it a good time to short S&P500?

Short
mrakyu Updated   
OANDA:SPX500USD   S&P 500 Index
Despite the market sentiment is still quite well recently, I see the equity market trading volume and ATR keep shrinking which is not a good sign to push index price go further higher.
In technical view I found out that technical signal which is ATR might show some regular patterns from Sep 2018 to the present.

Entry Price:3120
Take Profit :2950
Stop Loss: 3140
Trade active:
Today’s news shows that China and U.S still have many cautious issues need to be discussed at the tariff point. In technical view, ATR signal implied that S&P500 might start the turning point this week.

* Wish all people can be safe in HK.
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