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SP500- Short

Hi
I have been net long since 2860's. I am flipping to short NOW. The reason is because of
1st- Bond market today rose 10% which is a sign smart money was coming to stocks. Only problem is this was on a TD9 Candle.. which means we should see a reversal in that move.
2nd - We are the .786 fib this a reversal point. If we go through this fib like butter then I have to accept we are in a trend reversal on the HTF and it's a case of buying the dips from this moment on. This is the place to put shorts if we follow the textbook.
Alex
I have been net long since 2860's. I am flipping to short NOW. The reason is because of
1st- Bond market today rose 10% which is a sign smart money was coming to stocks. Only problem is this was on a TD9 Candle.. which means we should see a reversal in that move.
2nd - We are the .786 fib this a reversal point. If we go through this fib like butter then I have to accept we are in a trend reversal on the HTF and it's a case of buying the dips from this moment on. This is the place to put shorts if we follow the textbook.
Alex
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.