2171~2172 region coincides with 50% fib of latest drop and will provide a fib extenion of 100% to 2148 region. 2148 region coincides with A-B-C down pattern from ATHs as well as a 38% Fib from wave 3 after brexit.
Shorting 2171 for 2147 and going long for final wave 5 up to 2270s.
woulda gotten in at 2171 but my broker decided to fail miserably, ended up buying in at 2169.5. -.-
hourly hidden bearish divergence on stoch, higher high on stoch, lower high on SPY.
change of plans, will unload some at 2147, but won't grab a long until picture is clearer.
coulda gotten out at 1.45 but was in meetings...
holding other 1/2 till end of day to see where we go from here, this bounce might be a slight pullback before moving lower towards 2147/2148