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luckysavvytrader
Feb 23, 2021 5:56 PM

-10% is not that bad Short

S&P 500 IndexTVC

Description

Earlier, I have created TSLA having a megaphone pattern. I kept this quiet because it's not too obvious on SP500. But it is becoming valid to me.
Is it really diving this time? I still think a -10% is a good correct of all time high indexes and equities.
If you took some profit from the top, congratulations! I have loosen 16 holdings slowly last week since momentum is not positive.
However, there are some industries still holds the ground.

I like the discount time (consolidation time). Just wait for the market and FED finds it's solution to this chaos haha.
GL trading!
Comments
ProfitHarvest
Good catch, 3.6k is an important next target
luckysavvytrader
@ProfitHarvest, exactly it might take very slowly for the index
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