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).
Follow me on Twitter for updates: @fxtrader2000

Trade closed: stop reached: Stop out. Will look for setups higher. No regrets!!!
nice, what is your price target?
Reply
FullTimeTrader Chief_Tardis
Targets shown on chart but it depends on each trader, its always a good idea taking partial profits. Markets changes all the times and nothing is fixed. regards.
Reply
Great analysis in this one with you. Thanks learning a lot from you!!!!
Reply
Great job!
Reply
That was the target
Reply
That was a wave abs (wave2) from big wave 3.
Reply
FullTimeTrader SwingBGtrade
Hello, well done!! Im trying to trade this long term, i will enter higher. Regards.
Reply
IvanLabrie PRO FullTimeTrader
Same view overall, aiming to short this and dollar/yen higher.
Reply
And your wave 5 is not finished
Reply
FullTimeTrader SwingBGtrade
Losing is part of the game as you already know for sure. I will for a setup higher. Regards.
Reply
stopped out too. No regrets!!
Reply
Tree1 Tree1
what do you think?
Reply
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.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out