TMV Swing Trade report – Short from 1180.50 – Exit price @ 1105.75 – Hit the Target! S&P futures continued the free fall overnight and reached the target objective at 1105.75. The market continued on to trade at a low of 1102.00 before it quickly reversed at the lower action/reaction line and began to rally as traders began to cover short positions. Using the action/reaction price projections enabled us to cover short positions near the low before the short-covering rally began.
December S&P - click to enlarge
