TradingView
MrRenev
Mar 18, 2019 3:44 PM

Reversal pullback on S&P Short

S&P 500SP

Description

TFW you go out to clear your mind and not think about all this, and come back home with a head full of ideas.

Stop loss is a little more than 1 week ATR & we aiming for at least that, so this should last a few weeks.
Minimum 10 days normally.

We are not going up on trade deal hope anymore and there has been bad news about expectations of weaker economy.
Irrational buyers are pausing. For now.

It is possible we go higher after this pullback I will post another idea.

Comment

Kept going higher but slower.
Made a new idea, price could drop fast next 2 weeks.
Might depend on FAANG earnings. Either it rallies SL or just dumps.
Just please don't run to stops quickly then drop :D

Comments
ZenMode
Still see higher now based off upcoming fomc confidence.
UnknownUnicorn3259845
Short btc en S&p, right?!
MrRenev
@Ar84ltc, Every thing. Short it ALL to the ground.
harmvanboven
What about the Inverted H&S?
MrRenev
@harmvanboven, The what now?
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