Hidden Bull DVG?

FX:SPX500   S&P 500 Index
260 4 5
Careful with this one as just closed 40 pt short.
Safest way is to buy a successful test over patience line which is 2130 right now.
Price retraced 2% from the Monday high as projected.
That project was 2119 SPX            
Price is now 2122 SPX             .
Order cancelled: Cancelled. Traded during real time hours did not execute, only the scalp from the lows. Best to wait for a better opportunity as market could go sideways/chop next.
hidden div. implies the continuation of the trend not like classic divergence implies reversal..
target ?
sophia715 ahmetnmsl
trade not active/valid yet. if it does then 2150 for near-term.
very much wait and see if acceptance.
+1 Reply
ahmetnmsl sophia715
Thanks. I think we should look for short opportunities rather than longs. The trend is downwards in the long term..
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