S&P 500 Short round #2

Updated
Thanks to the PPT for the deadcat, first short filled last Tuesday, having more bigger size in case it wants to try another push.

I'm not going to retype what I've did in the update earlier today, for some reason, almost none of you get the updates via notification.

S&P 500 | ATTENTION | Crises inbound? Possible distribution


I'm adding the dxy below as a reference point where it might redistribute in case the indices get the next leg down and the vix for your timing.
I'm looking for longs on the vix and still waiting for that damn tesla dip to buy which never seem to come (higher timeframe reference).

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Gold might go up a little bit, but it's near resistance and still in the bear market and the worst performer in 4 years. If you wanna get scammed by not using your brains but going with hopium feelings, be my guest and be that gold hodler when those smarter guys are selling their inventory to you. We're here to trade and if you're an investor, you're better of buying asset classes and even retail estate in other parts of the world that aren't as big in a bubble or farmland and have a bigger hedge in the USD than gold or crypto (cash is still king and that won't disappear anytime soon - The doomsday sayers need to get more pragmatic and realistic in their approaches as we're in a time where it's way more unlikely to have another world war or face massive starvation, despite the growing population, the output per human has increased significantly at a lower cost basis even inflation adjusted), those are my opinions and not financial advice, you take responsibility and full ownership for your own trades. Dumb money = hodlers, hopioids, joe fomos and all kinds of funds (be it hedge, mutual or pension) pumping our bags and panic selling near support.

That being said, I can be wrong and it's going for another ATH again (very unlikely), but the CBS and FRED statistics don't lie regarding the QE vs fed rates and the failed experiment since 2008, so my view on the market won't change, especially when I'm cognitive about those subject since I was a little kid.

Some facts:
Amazon: +338%
Dow Jones: +41%
Nasdaq: +74%
Gold: +9%
Silver: -7%

Good luck traders.
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Clean version:
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Revision of trade. I've been thinking about this a lot lately and most bullish case came to fruition when support at $2722 was held, which was my worse case and now consolidating under resistance. In the meantime I put another short and hedged long on a second account on my first trade which broke even, but my second short is going underwater soon with a few points remaining at the moment of writing and if US market gonna open like European markets did at opening bell, it can be an ugly gap up.

So what's my revision about? Seems like mm controllers want to refill higher, potentially testing participants close to or a fakeout at ath, in which case I have to hedge and eventually drop my last short to break even and short higher.

It's still my contention that the prospects for the US indices and the global market as a whole don't look bullish (especially when you take out the big stocks individually, looking at the rates and unemployment figures, what the fed is doing and vix low volatility ready for a long) while volume on etfs do not support this upmove, other than a dirty stop- and liquidationrun and use of media manipulation to get the last suckers back on the titanic, I'm still standing with my medium to long term idea/outlook.
That being said, my take profits are above the swing low, since I revised my idea that the US indices will not go in to a full blown bear market this year, at two points of significance: yearly open and november low of 2018.

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Quick update, because I know some of you're watching the trade and you know who you are :)
So what I felt came true, it did breakout and the Nov high is now holding, on smaller timeframe nice rejection, but this resistance turned support needs to be nuked. Observing to see how Q-futures gonna impact next week...

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Approaching short zone again as anticipated, keep an eye on this monkey (don't put a limit order in tbe books), it can pull another stunt, but not before manipulators have created a nice narrative around Trump and the stockmarket imho. You will notice when your favorite cnbc indicator starts telling you why this and that. Alarms and market sells for this one.

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