SPX Trade Plan for this week

TRADE SETUP

Nvidia Crop NVDA

$200 1.40 (6.40%)

TRADE SETUP

We are looking for stocks that are in their reversal mode

Convex Trade BUY ZONE : $160 – $170

STOP LOSS

US dollar declined 0.12% amid weaker-than-expected jobs data. US ADP Employment report showed private payrolls rose by 374,000 in August 2021 compared to 326,000 in the preceding month but well short of 613,000 forecast. However, a sharp fall was prevented as manufacturing PMI data showed activity in the sector grew in August.