Shorting the S&P 500 – Potential Trade of the Year?

Recently, after reviewing all the charts, I found a trade with excellent R/R, and potential to become the trade of the year. 😀
2015-08-04 10.11.42 copy

HERE IS THE TRADE POSTED IN OUR DAILY TRADE ALERTS:

daily trade alerts 06056

I am referring to the trade on the S&P 500 short, which we started accumulating positions about 2 weeks ago, and will continue to find pullbacks to continue shorting.

 

HERE IS THE DAILY CHART OF THE S&P 500:

S&P 500 060516
There will definitely be up and downs in this trade, as you can see from the previous instances, that the trade will not simply move one way all the time. Hence, I will be monitoring it on a daily basis to capture its swings, while capitalizing on its downward bias.

If this works, I can take the rest of the year off from trading. 😀 Just kidding haha

For more details & analysis on this trade, do join us next week for my free trading workshop:
http://synapsetrading.com/free-workshop-registration/

Cheers, and see you there!

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About the author

Spencer Li is a self-made millionaire trader & investor, who achieved financial freedom at 27, having to date accumulated a diversified portfolio of properties, stocks, REITs, and 10+ businesses across different industries. As a professional trader, he has over 10 years of market experience, and has been featured on more than 20 occasions in the media.

 

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