Short SPX

Aug 20

Self explanatory. Good entry opportunity. Tight Stop.

Aug 23

Trade active

"THE TIME HAS COME FOR POLICY TO ADJUST"

Powell has finally come out and done what the market's been craving for all these days. It's a gamble but the trade is still on. I'll be adding to the shorts right up until the tipping point ~ 5700. Looks like we might have to take the L on this one, but we'll see.

Sep 9

Trade active

Take some profits off the table. All or nothing is only for gamblers.

Sep 24

Trade closed manually

Didn't update the idea for a while. Got a good dip but the bounce back was quite strong as well. When we're talking trades that span this long a timeframe, it's imperative to reassess once in a day or so. Also, once the trade starts moving in your direction, stops should be moved to cost, or better, into the profit zone.

Classic trade reversal observed here. Was an extremely tight setup to begin with.