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sophia715
May 24, 2017 10:24 AM

DVG Higher Frames Long

S&P 500 index of US listed sharesFXCM

Description

-see other idea updated yesterday close on the bear case:

"Comment: no movement, 10 pts in both directions.
moving the S/R rectangle, price is closing at resistance.

bullish scenario:
will be one of those evenings (asia/europe) where I will watch how price reacts to that rectangle... i.e. floats/tests above it could trigger the setup for 5750 5th wave. (resistance has become support)

the key is how price reacts tonight... sideways typically bad for a bear case."

Comment

same as NQ.
thinnest of profits up, thanks to VIX almost in 9s.
today was supposed to have been the big move up, didn't happen.
being very careful about o/n headline risk and tomorrow if pullback.
ideally looking for volume profile P shape bear squeeze upward to get short,

Trade closed: target reached

that was fun... went sideways for the bull case and moved higher today with Asia taking the rest of the move up.

Flat.
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