TAtrader
Short

S&P 500: ready to short

SP:SPX   S&P 500 Index
153 2 11
Hello everyone,

This is an update on my previous shorting signal. I thought wave (4) was already completed, but it was not yet. Now, it is probably finished.

We will find the bottom to ride the waves up after that. If you are inexperienced, wait for the bottom to go long!

May God bless you!
Trade active

Related Ideas

I have re-entered the shorts again today, because wave (4) has likely been completed: ABCDE wedge.

Target 1: 1792.82 (1.272 Fibonacci extension);
Target 2: 1763.25 (1.382 Fibonacci extension);
Target 3: 1699.82 (1.618 Fibonacci extension);
Target 4: 1525.95 (March 2000 support & end of wave (1));
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Update: I am again out... It likely goes to 2000 from here. I am sorry if you copied this trade.
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