I'm Back with a SMART SHORT in ES

The 1080 level is pretty important.

1074 also has some relevance, imo

Let's do this:

Sell 1/3 of maximum position on a SELL STOP at 1086 (spec play)

Sell 1/3 of maximum position on a SELL STOP at 1078

Sell 1/3 of maximum position on a SELL STOP at 1074

If 1100 taken out to upside, we will look again for a swing trade short.

You know the routine: No stops for now.

We are hunting a +100 move to the downside.

 

I get squeemish when I see blood.

 

I can feel your pain, just don't want to personally experience it.

 

So far, not too concerned about the price action.

Remember, 2/3rds of the position we are selling on weakness.

This trade really needs to be working in the next week or so

swing trade ES