SPX In Impulsive Correction; Lower Imminent!
Actualizado
Chart says all. Perfect Bear Wedge on 9/22. Look at the repeating pattern; 3 drives to the bottom IMO.
Not investing advice; trade at your own risk! GLTA!
Not investing advice; trade at your own risk! GLTA!
Operación activa
Here we gooo... I shortedOperación activa
Closed shorts on 5-wave intraday impulsive sell move; +30%; re-enter on retracement rally!Nota
Re-entering on the 0.50 Fibo in QQQNota
It forms a bear flag retracement waveNota
Closed again on the secondary sell wave intraday. Two day trades on the bear moves; wait for EOD to re-enter IMONota
Forms a wedging pennant, trade is fluctuant and choppy, difficult to fill limit orders, go in/out at market IMO; could be a strong bounce mid-day, short if it does.Nota
LOL it just kept going.... short the retrace IMONota
Would not chase this sell; it's formed an ABC intraday, wedging; might pop up strongly in PM sessionNota
Last time it did this we gapped down on 17 SepNota
LOL shoulda chased it!Nota
IF support holds 3250 THEN the rally could kickoff from here...Nota
Double bottomed; don't chase; holding nothing overnight, could rally from here on support, or dig deeper. Target on chart is pure WAG...
Nota
Still holding cash, no longs until RSI gets OS on ES1!; NQ1! in OS now may dig a little more; any bounce will be temporary relief IMO:marketwatch.com/story/the-second-wave-of-a-rolling-bear-market-is-about-to-begin-says-top-forecaster-11600945948?mod=mw_latestnews
Nota
Maybe a bear rally, W formation, might reject from 3300, no positionsOperación activa
Closed the gap on DJI, SPX, close enough IMO: shorting EOD on the Hanging mAN
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.