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Friday, August 30, 2013

S&P 500 Short Postion Opened

I shorted the S&P 500 moments ago at 1633, placed a stop loss order to trigger at 1636.52, and targeting 1625.65.  I don't expect price to come down to this level today, so I will be monitoring price action to decide whether I want to hold it over the long weekend.  Cheers.

For more information on this trade, see the analysis available by subscription at Oil&GoldGuy.
 

Disclaimer: 
Information posted on this site (BDI: Forex Insider) should not be considered investment advice. This is an informational website only.  The owner of this website is not a registered investment advisor. Under no circumstances should any content from this website or it's affiliates (including articles, videos, or seminars), be used or interpreted as a recommendation to buy or sell any type of security or commodity contract. This material is not a solicitation for a trading approach to financial markets. Any investment decisions must, in all cases, be made by the reader or by his or her registered investment advisor. This material is for record keeping purposes only, and is intended for my own personal use.

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