from the 5th wave we saw a rise to 4000 on the spx, however momentum is breaking down and there is a rounding top pattern forming here w/ a head and shoulders inside it... bearish, shorting to C wave 3856 area needs to hold or we trade below jan-dec accumulation levels
註釋
1hr time frame of 註釋
any bounce should be considered a short opportunity註釋
Wave 1, previous resistances... previous resistances should test as support area if you truly believe this is a bull market. If it fails, and its possible (after a brief bounce) then look for price action trade under Dec-Jan consolidation註釋
you see the Daily rounding top now above? But notice on this thread we're on the 4hr time frame (this thread/post)... that bearish sentiment could easily carry over to the daily time frame. this is why you have to trade between multiple time frames.註釋
looking for $3950-3960 bounce back to the 5th Wave交易進行
I hope yall in profits, shorts are back on註釋
notice the rejections inside the handle that is forming, the next move will be very similar to the move up from 3885註釋
3950 was the buy zone, will likely re-short 3997註釋
this is a buy level手動結束交易
we bounced off the 5th wave. Closed shorts Friday. looking for a move up to $398 Spy minimum retest, and potential move to $408.. Long positions tonight enter on futures, and looking to short inverse bear etfs financials, bear etf on sp500 like spxs at opening or near免責聲明
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