mxer474

Possible low risk short

Short
AMEX:SPXU   ProShares UltraPro Short S&P500
0
Seeing as the S&P has been constantly hitting support this may be a good oppritunity to short the SPXU with a low risk SL at resistance area somewhere around 42.19. TP i will further update depending on market momentum tomarrow. In anycase we may have a small short gap but VOL and momentum will determine my TP . Lets see what happens. Remember always use proper risk management. i only day trade ETFs due to the high risk involved with keeping trades open long term.
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.