Bad Durable Goods Data Short #SP500 #Stocks
US Durable Goods fell to -1.4 pct in February 2015. It's a pretty low number after a FOMC meeting which should to reassure the investors that the US economy is in good shape. But this is not the case. This decrease, is a big story after a 2.0 percent increase in January 2015 which seems doctored.
That means only a short position is favorable.
Entry at 2083 after a pullback.
TP 2010
SL 2119
That means only a short position is favorable.
Entry at 2083 after a pullback.
TP 2010
SL 2119
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