Top 5 Weekly Trade Ideas #4 - ES Short
Nice move for ES this morning up off the bottom end of the range. Now it's all the way back to the top. I expect a rejection here, but if it breaks at least I'll know it's time to exit shorts. Next upside target would be 5955.
If it works out, downside target will be 5900 first and then we'll see if it can break any lower. Lots of things lining up to make this a great trade long or short. NQ is nearly the same chart not surprisingly. VX at critical support and the bottom end of its range too. I expect a move from here, liking the short side for now but that could change.
If it works out, downside target will be 5900 first and then we'll see if it can break any lower. Lots of things lining up to make this a great trade long or short. NQ is nearly the same chart not surprisingly. VX at critical support and the bottom end of its range too. I expect a move from here, liking the short side for now but that could change.
You reap what you sow.
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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
You reap what you sow.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.