FX:SPX500   S&P 500 Index
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11
270 6
SHORT!
Comment: After the correction, I am expecting a bull run till 2023.
Comment: Can go for abcde triangle completion but since fed is on friday, I believe this will dump hard by next week. I don't see how it will go up.
Trade closed: target reached: Take Profit for now, Will buy back end of the day.
Comment: 2895 next entry for puts if we go there on monday. However if the tl breaks we are going lower without the bounce.
Comment: Then switching to puts.
Comment: Loto failed, wasted $100 XD. Peace
Comment:
Comment: Looks like we will get 2895 lmfao
Ideas are my personal opinion not an investment/trading advice, only risk what you can afford to lose.

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Ending expanded flat countertrend wave 4, imminent collapse IMO. I loaded up on lift today at open.
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WaveAzzReaderz DaddySawbucks
@DaddySawbucks, We will see. My confidence level is low for this trade. I can't decide because the monthly and weekly chart both are indecision. Big money investors are sidelining. I would be bullish but they dumpped hard during the last fed meeting which destroyed the bullish chart. Now they are trying to go bullish to support trump however, ATS robots is not letting the price past the resistance. If we somehow get the price above the resistance, this should rally hard by November. However, since it is under the resistance, I have to trade it bearish or not trade it at all.
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DaddySawbucks WaveAzzReaderz
@WaveAzzReaderz, Yes confidence was low and I was overextended so I closed early. Can't complain about making bank off a trade but I missed the big move. Seemed bullish on Powell so I risk-offed, dangit.

IMO getting oversold near-panic should get a rally soon; no positions atm. ty for updatez!
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Great FIB placement bud.
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If you dont see how it will go up, then did you see how it will go down? it actually call no direction for now.
+1 Reply
@ForexFever, 4 gap ups, hard rejection at the resistance, I think it will resolve (balance the algo) before going up. This is my personal opinion as a purely technical trader, not an advice or command.
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