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Mac2302
Apr 8, 2022 4:32 PM

SPX prolly gonna ride in flat correction  Short

SP:SPX15
S&P 500SP

Description

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SPX gonna stuck in correction, play carefullly. Let's see if this plays out

Comment

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possibly wait for one more uptick to complete W-5 of W-C of W-B and then short..

Comment

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Banked 80% on down move. let's see how it unfolds from here..

Comment

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We are going further down to 4370ish levels

Trade closed: target reached

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Trend AnalysisWave Analysis
Comments
Syre212
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agree with the short term swing, not sure if SPX would bear that hard in the long term.
DaddySawbucks
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AYE, Tried calls five times, keep getting pushback, stuck at 450
Mac2302
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@DaddySawbucks, calls?, i'm most prolly be selling it, it's prolly doing W-C of W-4 of W-3 of higer degree W-C, so one possible push to W-5 of W-C is possible, but will see how it unfolds, but surely, entire move looks corrective
DaddySawbucks
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@Mac2302, banked calls intraday; hold nothin at nite, took 0dte spy calls 3pm banked 70% beforee it cracked; scalpers
DaddySawbucks
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@Mac2302, going long its 3W down now near done imo
Mac2302
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@DaddySawbucks, I personally would wait for price to confirm. We banked near 80% on downmove :)
Mac2302
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@DaddySawbucks, If it closes below 4436ish, we may go a bit more down, look at inverse H-S forming
DaddySawbucks
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@Mac2302, aye
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