Shorting the S&P 500 – Potential Trade of the Year?
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Recently, after reviewing all the charts, I found a trade with excellent R/R, and potential to become the trade of the year. 😀
HERE IS THE TRADE POSTED IN OUR DAILY TRADE ALERTS:
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:
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:
https://synapsetrading.com/free-workshop-registration/
Cheers, and see you there!
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Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.
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