moneyflow_trader

sp500 looking for a path back to 4300

Long
OANDA:SPX500USD   S&P 500 Index
Potential bounce from D leg, could carry over to a bigger bounce to the Bigger B leg at 4300. Sp500 will look to regain levels before Fridays sell off. I expect side way action and a slow and steady rise into Wed Meeting. Any rate hike less than .50 the market sells off to 3800 level. We also could get more bad news from the emerging markets in which im short. 4150 was my target for D leg and bounce.
(not trading or financial advice)
Comment: this chart, showed my previous short position... notice the sell off back down into channel from the bearish abcd pattern
Comment: tgt reached
Trade closed: target reached
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