S&P 500 Short — 2022-03-15
The objective is not to grade the P&L. It is to grade the decision.
Charts
Trade Review
The remaining left within the trade closed out as price is not ready tot move slightly in profits about 50 pips
All US red folder news was negative on the 8:30 releases:
8:30am CAD Manufacturing Sales m/m 0.6% USD PPI m/m 0.8% USD Core PPI m/m 0.2% USD Empire State Manufacturing Index -11.8
This is a likely push up in expectation that we get a drop on the Fed’s interest rate hike. This is needed in my opinion to keep prices from falling immediately lower as they should and allowing for the corrective move to the upside to raise the supply and demand levels.
Chart Links
Cory publishes the working thesis before the session, not after — this Playbook and Trade Review are part of that same documented process. No signals, no highlight reel.
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