FX:SPX500   S&P 500 index of US listed shares
Bullish Butterfly

Will probably end up in some kind of triangle for the next couple of trading days daily chart .

Fits well with my 2 charts published earlier today! (See below in link section).
And sounds okay after a big move up yesterday that we will see some consolidation at this level.

Trade what you see
@BLawrenceM
Wall St Scalper
:) is the target will happen until the before market open tomorrow?
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WallStScalper PRO VivaciousVibrantVixen
a year ago
Don't know.. time will show...! Price and time is part of market structure. Timing is the hardest part to figure out in trading.
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WallStScalper PRO VivaciousVibrantVixen
a year ago
But it a 30 min chart so...my best guess is probably or a gap down and then working itself up by closing the gap
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CoolCreekCTA
a year ago
Hi BLM, your "Last Call' chart seems to say market has already topped out and this butterfly seems to say you want to trade S&P between 2101 and 2112. Am I reading you correctly? For a market that can move 20-40 handles in a day that could be dangerous.
I like your work and want to make sure I understand what you are thinking. Thanks.
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