I am happy to be able to post back here again (With the approval of my new employer allowing me to post ideas without any form of COI .
We are technically at a major level (An area of consistent resistance. This level is strong zone meaning we're obviously looking for a ricochet scenario back to the lows again.
Due to over-enthusiasm of the SPX0.46% recovering after its short term price crash, we had over enthusiastic buy backs at this level, back up to the , giving us another free opportunity to short the market at a aforementioned reliable level.
The signals are very , we have a Harami cross, bear engulf, and gap down, to give us an obvious entry point with tight stop loss utilisation.
Thanks so much, good to be back.
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