tntsunrise
Short

SPX500 BEARISH GARTLEY

FX:SPX500   S&P 500 Index
7546 35 165
SPX500             BEARISH GARTLEY
Completed 2178.70

SL above X point
tp1 2151.6
tp2: 2135.0
Comment:
TP1 HIT
TP2 still waiting.
Nice Trade, did u short?
Comment: TP2 HIT, now break trend line, heading to 2100
Comment:
Comment: NOW IS 2098 BIG WINNER
Comment: NOW IS 2054, Can take some profit.
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Is reversal coming any soon?
Reply
ironmask leeeon
its going to be really good for anyone that shorted today for s&p. S&P already down 98 points
Reply
leeeon ironmask
Yep, rally down incoming....We might see previous low around 1990
Reply
But well done Jack
Reply
No i did not enter this trade, my loss. And to play safe i wont enter now even though you say its on its way 2100. I am trying to play things safer, lol.
Reply
Jack can you update this opinion? will you edit position or keep holding this?
Reply
no update means still holding, and now u can see it hits TP2.
Reply
Hi, Jack . i realize 2135 is also my daily trendline support from the trendline started 2016/2/12. it indicates a big drop in near future but not sure if its this time. maybe one more up ? what do you think ?
Reply
Yes, shorted got the first train ride, now re-entered for the next journey, Thank you Jack
Reply
I read somewhere that the Gartley pattern is the most reliable harmonic pattern. Is this true Jack?
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