Booking Profits on SPX Shorts Into Corrective Support

By Todd Gordon
August 2, 2019

For now we’re going to book profits on the SPX drop according to our plan, but we’re turning our back on the newly budding downtrend. If we don’t hold 2900 we’re going to get right back after the short side with SPX puts.

Todd Gordon

Todd Gordon

Founder and Lead Analyst of Trading Analysis

Todd has been trading as a career for the last 20+ years. His goal is to not only provide insightful analysis, but to teach people how to think and grow as professional traders. Todd is a practitioner of Elliott Wave Theory and he uses it to gain an edge in the highly competitive trading arena. In addition to trading professionally, Todd has worked as an analyst and researcher at two different hedge funds. Click Here To Learn More about Todd Gordon