Bear Flag in A Downtrend? Monitoring for Short entry near supply

FX:SPX500   S&P 500 Index
Many are expecting All Times to continue as BTFD has become the norm. Will be monitoring and stalking C wave as it approaches the Supply Zone
Comment: Irony $38.28 price, was a huge sign (see signals written in code) interesting vxx chart
Comment: officially unleashing shorts upon the world
Comment: @forexforever we are already at the 5th wave on the Monthly
Comment: we are on 4th wave now on the 4hr and we didn't close above the key area I mentioned
Comment: not looking good on this turn around Tuesday
Trade closed manually: short positions were closed Friday looking for a retest of the .236 level or B leg of the bullish cypher, currently in downtrend. max risk back to the .618% fib level for the 100% initial risk
May I know your Short TP and SL please?
@ForexFever, $2756.54 100% initial risk needs to hold or we drop to the bottom of the channel or free fall.
ForexFever Trading_Off_The_Charts
@Trading_Off_The_Charts, Its look like Bull is strong today and it is heading to 2800 again.... any new view or suggestion?
Good to have you back Mr. Montgomery
+1 Reply
@Bullriderr, here and there thank you old friend
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