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UnknownUnicorn1020621
Aug 29, 2019 4:10 PM

SPX500 aproaching HOD Short

S&P 500 index of US listed sharesFXCM

Description

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)

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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!

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volume trend broken, a lot of buying and selling going on. Expecting red week next week.

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Watch this IDK if the market is open tomorrow.

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Comments
INIFINIT3LIGHT
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..
UnknownUnicorn1020621
@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.
ZenMode
so far you are dead on
ZenMode
Good TA
Bullandbeartrading
Fine FIBS buddy.
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