SPX500-entering short now-wave 5 complete

FX:SPX500   S&P 500 Index
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.

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!!!
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.
Tree1 Tree1
what do you think?
stopped out too. No regrets!!
And your wave 5 is not finished
FullTimeTrader SwingBGtrade
Losing is part of the game as you already know for sure. I will for a setup higher. Regards.
That was a wave abs (wave2) from big wave 3.
FullTimeTrader SwingBGtrade
Hello, well done!! Im trying to trade this long term, i will enter higher. Regards.
IvanLabrie PRO FullTimeTrader
Same view overall, aiming to short this and dollar/yen higher.
That was the target
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