the_sunship

SP500 mid term trading

the_sunship Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Testing the bottom within a week, then a reversal so everyone feels better before the death move.

Keep an eye on bullish divergences as we get closer to the bottom.

Good luck!
Comment:
I believe this is what's happening, obviously it could be wrong, so watch the retrace and be careful with stops. C could take another week or more to complete

Comment:
Bull trap yesterday. Expecting a good sell off today and bounce tomorrow before more selling next week
Comment:
It's already falling, bounce may come today - keep an eye on the 3k level and probably slightly under
Comment:

short term, expecting a surprise rally to around the 3080 level. It's just a kickback before the big wave 3. Collecting more shorts at the target
Comment:
could also be a bear flag, stay nimble
Comment:
look like that's it - good luck to the shorts

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