TradingView
NeonLight
Aug 18, 2022 10:29 PM

SPX Choppy Friday :: Be Prepared 

E-mini S&P 500 FuturesCME

Description

Based on price action, it appears that SPX in a ABC (Zig-Zag) pattern. Ratios are shown. I am looking to take short positions around 4300-4308 and looking for 4225 tomorrow in 5 legs.

This idea is invalidated > 4310 and implies more of a continuation of the ending diagonal overall.
More