Potential Bounce Again in SP 500

Potential Bounce Again in SP 500

 

After the huge downswing in the stock market this morning, we continue to see buyers coming into the market for support. My belief is that the funds do not want to sell for at least the remainder of the year as they are looking for potentially lower taxes in 2018 before they lock in their profits. So given the recent price action and price momentum between now and the end of the day or week, I will be looking for opportunities in the SP500 to play it from the long side.

In this video we look at three possible ways to trade the S&P 500 Futures to the upside thinking that the trend is your friend and this moves higher.

The information contained above may have been prepared by independent third parties contracted by Nadex. In addition to the disclaimer below, the material on this page is for informational and educational purposes only and should not be considered an offer or solicitation to buy or sell any financial instrument on Nadex or elsewhere. Please note, exchange fees may not be included in all examples provided. View the current Nadex fee schedule. Nadex accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representations or warranties are given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk and any trading decisions that you make are solely your responsibility. Trading on Nadex involves financial risk and may not be appropriate for all investors. Past performance is not necessarily indicative of future results. Nadex contracts are based on underlying asset classes including forex, stock index futures, commodity futures, cryptocurrencies, and economic events.

Trading can be volatile and investors risk losing their investment on any given transaction. However, the design of Nadex contracts ensures investors cannot lose more than the cost to enter the transaction. Nadex is subject to U.S. regulatory oversight by the CFTC.