Expecting strong bearish move on s&p

FX:SPX500   S&P 500 Index
1073 12 28
Comment: As we touched 2096 I opened short position
Now I expect strong bearish move
Comment: The ice is broken :)
Comment: Price again testing 2096
Comment: Target 1 reached
Comment: we are near the target2
The Chinese must have read your idea, as the market started tanking around 10PM at about the level you suggested. I got short at the open and stayed in with little scaling until it got close to 75 when I closed the trade. About a 20 pt trade of which I got 50%.

Look this chart.
+1 Reply
VasilyPonomarev zhaokedahuaidan
So u r on the bull side?:)
zhaokedahuaidan VasilyPonomarev
No , i just wait and see . Zero position.
+1 Reply
That area is certainly one of importance as there is a trend line leading into the same narrow band of confluence. I expect volatility on Monday and Tuesday but starting higher and not going quite as deep as you suggest. Good idea though and thanks.
+1 Reply
VasilyPonomarev Quantum_Maryland_Capital
will see, man! good work!)
And I have no problem taking your short if I see things rolling over. Thanks again.
+1 Reply
VasilyPonomarev Quantum_Maryland_Capital
Have a nice trading week man!)
Quantum_Maryland_Capital Quantum_Maryland_Capital
Sorry for invading your space as I wanted to leave a link, not a chart.
+1 Reply
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