Nobody is a genius guys - just go with the best probabilities, a small position, and do your best.
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tuned up a little
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There's no way to know the timing, but this is my best judgement.
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I'm slightly hedging with options and now patience for the next couple of days, not much to do now. Crazy day overall and I missed the entire move down by being away for 1 hour, lol.
It's very interesting that BTC set the pace and direction. Note how the bull flag is working out too. I posted this a few days ago:
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*bear flag not a bull flag
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I think SPX will show exactly the same behavior.
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they're brothers now, lol
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If somebody think they've lost money because of my charts - create your own. I'm not recommending any trades here and not selling anything - just sharing ideas. If you think a crazy cat is trustworthy, well then you deserve what you get :)
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Some extra thoughts. You can PM and we can discuss. Full disclosure: I went long SPY from 234. I think this rubber band will snap back, especially when it's stretched the first time and so violently. The general mood is still pretty bullish.
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I'm not scaling it, just went long with a small position. Probabilities are good and a loss would be small.
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My best judgement is that we'll try to go back up tomorrow and then fail and then get into range. There will be a bear flag forming up.
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I also think this was the very spike that I anticipated in this chart. Consolidation will follow most likely imo. No need to get excited.