FullTimeTrader
Short

SPX500-entering short now-wave 5 complete

FX:SPX500   S&P 500 index of US listed shares
1898 15 33
It seems the correction has ended and a big decline is starting now.

We have:
- bearish divergence on A0 shows wave 5 is complete
- 1.61 fib expansion
- diamond pattern (see my long term analysis)

Best regards.

*****************DISCLAMER********************************************************************
Always do your own analysis before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
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Trade closed: stop reached: Stop out. Will look for setups higher. No regrets!!!
even a broken clock shows the true time twice a day. in this case you will be right one day in the future if you publish short trade every week.
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Tree1 Tree1
what do you think?
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stopped out too. No regrets!!
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And your wave 5 is not finished
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FullTimeTrader SwingBGtrade
Losing is part of the game as you already know for sure. I will for a setup higher. Regards.
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That was a wave abs (wave2) from big wave 3.
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FullTimeTrader SwingBGtrade
Hello, well done!! Im trying to trade this long term, i will enter higher. Regards.
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IvanLabrie PRO FullTimeTrader
Same view overall, aiming to short this and dollar/yen higher.
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That was the target
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