DaddySawbucks

SPX Breakout to Pullback

Short
TVC:SPX   S&P 500 Index
Divergent RSI on latest pushup; gap to fill at 3305, move might terminate in 3450 area of former consolidation.

Not trading advice; just an idea, trade at your own risk; GLTA!
Comment: Trading just under 3400 again; this was rejection zone on 9/09 and 9/15....
Comment: Could pivot at any time from this price at 0.382 pullback; closed all shorts; no positions
Trade active: Playing Fade the Gap in Monday 338P
Trade active: Closed +33% day trade
Comment: U never kno if it will Fade Fully or just a Partial Pullback; stats on Fade the Gap: works ~2/3 gaps intraday; 1/3 gaps fill days, weeks or months later; ~5% never fill.
Trade active: Shorting again EOD; price action Bearish; looks and feels like is about to break down IMO; gap to fill at 3305

Comments

good job
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