SPX has been on a great run coming out off the range weeks ago. Earnings from tech gave some great momentum to the upside. Now im expecting a lot of profit taking from the highs. I shorted 4211 from the 15m tf. Missed sells at the open, but im thinking Friday will be a great run on liquidity for those highs if support is held up around 4150.
Comment:
This is a day trade to the short side
Comment:
take profits have hit, this trade could of easily been a swing, I just dont like holding trades overnight.