KaQing
Short

SPX ANALYSIS

TVC:SPX   S&P 500
148 3 2
...

Related Ideas

I'm a little confused.
The analysis shows that it reached (4) and now in long to (5), which is around 2190, then will go short with tp 2125.
So, we are currently in long until 2190, although the title of the analysis says "Short" !
Appreciate your clarification.
Reply
KaQing mshinawi
The move to point 5 is not mandatory - It could also form a failed 5th wave, which we could trade if it breaks the first trendline. Although I would prefer the setup at point 5 because we have very strong resistance there.

I hope I clarified the setup for you.
Questions are welcome.
Reply
mshinawi KaQing
yup, it's clear now.
Thx
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