corsicasia

SHORT long term enter at 2555 target 2417 SL 2608 RR 1/2.6

Short
OANDA:SPX500USD   S&P 500 Index
This time is Long -swing trade and i am sure it will works my target may even not enough far
The US stock ignore all bearish signal..that can be from FED tapering and hike rates//that can be from Trump Promise..than can be from Geopolical problem or even Storm.
It cannot conitnue to go highter like that without a big correction,is natural,is the Forex,the market,or market cannot exist.
so no one talk about Bubble..appart some Fed member or other people make a link with bubble and highter stock right now but not say it directly but stock not react,,why?
Simply because in the wolrd of personal trader have more seller than buyer so the big player as Hedge fund and bank continue to buy them for blow the small account of seller,thst's it.
But 1 day and i think soon on a big news or great excuse they will take them profit and will be fast contagious and a big correction will appears..can be anything.
A details on tax reform plan from Trump,than market bought it and so buy the rumour and sell the news
or it can be his Visit to the DMZ border between NK and SK next month..annyway i short it with BIG LOT

enter at 2555

Target 2417

SL 2608

RR 1/2.6 (i can do 1/3.5 or 4 easy coz like i said i think stock can go more deep than 2417,and also docn my SL but ok i let like that)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.