FX:SPX500   S&P 500 index of US listed shares
SPX             short the pull back

Break the tri-angle
wait fot the pull back.

check the price action
check the FIB.
check the RSI
Good Luck , Good Trade to every one.

I am busy these weeks coz I am setting up
my trading academy and have to travel
a lot to conduct courses.
I will still publish my ideas here and
hope you guys can benefit.
Remember:
Plan your Trade, Trade you Plan!
Comment:
snapshot
Comment:
snapshot

such a nice drop.
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Any update ?
Reply
stop hit..... stop hit.....!!!
Reply
mnwind barby73
SP is moving lower now after a Break Out Failure. Let's see how this will play out. I learned that the last time SP500 got stuck in such a narrow range for so long was 45 years ago! If the price drops to 2100-2120, I'll buy some and invest.
Reply
I concur. Any drop is a buy, buy, buy.
Reply
Hello Jack:

Do you also trade "clear break out"? For example, if SP breaks 2075 to new high, will you consider buy some? My 401k retirement money is mostly in cash right now (since Brexit), I'm trying to figure out the best time to buy back SP index. I know it is good to wait for pull back to 2100-2120, that is what I normally do. but what if market goes crazy and breaks 2075. It is hard to see SP benchmark keep making new highs while my money is sitting aside.

Thank you very very much!
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Mr tntsunrise, whaa no doubt you really know it, when the next update?
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sp500 is unbelievable strong, it need more time to consolidate. Let's wait to see how it unfolds.
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Hi TNT, is this a valid setup ? it is stuck in this channel , my plan to SHORT the pullback after breakout or to SHORT it from 2179 "161.8% fibo + daily trend line" with a tiny SL . but if it breaks those upwards, i will BUY the pullback after breakout . i want your advice please. many thanks in advance. PLEASE NOONE TAKES THIS IDEA FOR REAL , I AM NEW IN HERE AND ASKING TNT FOR IT'S VALIDITY .
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this is my idea
Reply
sorry but i'm not able to add the chart
Reply
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