WaveAzzReaderz
Short

SPX500 aproaching HOD

FX:SPX500   S&P 500 Index
Letz see what noobs gives us. Already have my starter puts but will be aveging em out once I see a confirmation. 2750 P and 280 P SPY .

Classic pump before dump. They need to down the moralz and trap the noobz before the real move starts. If you look at percent gain its 1.41%, but we only care about pt move, 1 day is enough to take down this 1 week slow move up. 3 dayz and you get a good picture. Now I could be wrong and we might do 2.0 extension. In that case my starter putz are fcked (for now), but odds are very low. ( aka risk of doing business)
Comment: Trading Oct exp. I only trade lotoz at the trend break for quick 100-200% cuz I hate getting fcked. Elz I run my monthlies TO THE GROUND!
Comment: volume trend broken, a lot of buying and selling going on. Expecting red week next week.
Comment: Watch this IDK if the market is open tomorrow.
Comment:
Ideas are based on technical analysis. Not a trading or investment advice. Donation link: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=9ZFNJX5RYR3TJ&source=url

Comments

Bro Ananth here...I am still in healing period.. saw your charts... feel the first case is more valid and we are heading to ATH/3075 in September..with all the trade deals getting nullfied or pushed to 2020 elections..
+1 Reply
WaveAzzReaderz ShastryAnanth
@ShastryAnanth, I agree with you but we are trading in elliott wave abcde structure after the sell off earlier this month. I am a pure technical trader, I stick to my strategy regradless of what I feel, news etc. Fundamentally I am bullish but the technical warrants a dip before going up.
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so far you are dead on
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Good TA
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Fine FIBS buddy.
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