bhowe
Short

SP500 short idea

CME:SP1!   S&P 500 Futures
Markets SP1! have been headed higher for a long time. It may be time for a healthy correction. If this continues, an AB=CD style retrace out of a bear flag could happen. Be prepared.
Comment: Markets still on track, double bottom or AB=CD still in play. Stay in cash. Buying opportunity ahead.
Trade closed manually: Higher high, short closed.
Comment: Probably NOT very likely, just mulling ideas!
Comment: See the post above! Not very likely! What? Looks like we are headed there.

Comment: Pattern pretty much filled! Amazing, Harmonics.
Bhowe, do you think the bottom is in and this is wave 3 of wave i up? Wave 4 maybe tomorrow am 2640 area?
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Jv200909. Jv200909.
@Jv200909., Oh no, forget it, big down after hrs :)
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bhowe Jv200909.
@Jv200909., I think the bottom is in, or very near.
Reply
@bhowe, Yes, time to start nibbling.
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