High risk:
Buy S&P 500 @ 1830 if it stays above & goes higher, for 30 minutes expiration
S&P 500 dropped too low, possible rebound @ 1830
Risk: counter trend, S&P 500 is weak after dropping from 1840 to 1830
Avoid selling if it drops more
Update:
S&P 500 also broke below 1830, "Buy S&P 500 @ 1830" signal invalid & not safe to trade
However, we still expect it to be able to go above 1830 before/after 2am EST's Federal Budget Balance, which is expected to be better than previous
Avoid trading or trade at a much higher risk
Result: invalid / win at higher risk
S&P 500 broke below 1830 therefore signal is invalid & not safe to trade
Buying at higher risk after signal is issued would still be a short term win as S&P 500 expired @ 1831.04 at 1:30pm EST
S&P 500 then became too weak & failed to stay above 1830 anymore even after good economic data @ 2pm EST & dropped further to break below 1820
Avoid selling after it failed to stay above & dropped more as 1830 is only a possible rebound, not a strong confirmed support
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