PORTFOLIO ALERT – NASDAQ SHORT POSITION OPENED
Nasdaq seems to be losing some momentum based on the fact that Tesla will now be also shared in the S&P500 as of December 21st.
Technically we saw a short squeeze attempt, followed by 2 pull backs.
We believe a major pull back to all time trend line support at 10,620$ is coming.
POSITION IS A SHORT
INSTRUMENT NASDAQ CONTRACT FUTURE CFD 1 LOT = 100 UNITS
VOLUME 10 LOTS = 1,000 UNITS
ENTRY POINTS 11,878$
POSITION MARKET VALUE = 1,1878,000$
STOP OUT AT 11,950$
FREE MARGIN TO STOP OUT 72,000$ AT RISK
TAKE PROFIT = 10,620$
SPREAD 1258 POINTS
EST PROFIT 1,258,000$
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