EOD S&P – Monday trading
The S&P EOD system is printing a sell to a limit of 1546.9 which is quite far away from it’s current level of 1564.
The market has been rather strong and I don’t feel quite comfortable taking this trade so I’ll sit on the sidelines and see what happens. I’ll be gutted if it does make it but it’s about Risk/Reward.
For those interested, sell at around 1564 with a limit of 1546.9 and a stop loss of 1601.