We know everyone is holding on, going on full short mode until USA elections come.
The chart says differently though, with first wave of correction coming in hard and breaking the daily support trend, switching it to resistance which is where the Nasdaq is at the moment with a current future rate at 11,516$.
We are going in full short, opening 100 contracts with leverage of 100.
Position value 100*11,516$ = 1,151,600$.
Target line for short term 50 points below & trailing down.
Ultimate target is 10,185$.
spread = 11,516$-10,185$ = 1,331$.
Est profit is 1,331$ multiple 100 = 133,100$.
Entry cost 11,516$, margin occupied.
Free margin 15,000$.