Intraday US500 Trading Idea

Sell 3136 for 3080. Stop at 3170

Update on 18 June – Price had dropped lower to 3084 and is currently at 3095. We would recommend closing the position as MACD is losing momentum and Stochastic is still declining. There is a possibility of this index moving lower but we would prefer to play safe and see how the market reopen in 15 minutes time.

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