sophia715

DVG + Channel ? March 10th Trendline Hit

Short
sophia715 Updated   
FX:SPX500   S&P 500 Index
13
-risky here to pick tops... a losing game... having said that:
-Channel top at open 2416
-Top lines are an old up-sloping channel from March 10 that we finally meet with
-weak bears are out today?
-BIG Deltas: going into a holiday Monday... friday not a holiday but likely holiday volume, typically bullish scenario, why short?
-Deltas: Time is key: if no clear pullback by asia/europe...why short?

not important: 2424 was/is extended top # that is the blue/black line at top of the chart and is also the old March 10th channel
Comment:
channel line supportive temp?
s3.amazonaws.com/tra...shots/a/A0kJNVWg.png
Comment:
beautiful breakout of horizontal, called in chat a few hrs ago, watching pink line which is pitchfork from may 7
s3.amazonaws.com/tra...shots/4/4AjodbCB.png
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