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⋅ Hopefully everyone made some money on my last sp500 predictions. There may be another opportunity wed, thurs, fri.
It appears as though we may have an opportunity to short the bounce again going into today (wed).
I have done a forecast on the price. Lets see if this plays out, don't load up, stair step into the trade.
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⋅ Are you ready? :)
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⋅ This market is bouncing on low volume. That never lasts.
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⋅ 390-392 is the short zone.
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⋅ Shorting now. Friday exp
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⋅ It could have another burst higher going into the close but I would rather be in the trade than not.
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⋅ Target around 378-380
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⋅ Taking partial profit
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⋅ Closing trades fully
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⋅ I expect to break the lows at 380 tomorrow (fri) but happy with the profits for this week.