Daily extremely bearish

194 6 3
details on chart
Comment: shorted here at the .618% fib level
Comment: potential retrace set up worth monitoring
Comment: heavy retrace needed
Comment: watching the .50% fib level 2691 could bounce.. top red level if over taken price action will cont. to climb.. this the 18 min chart. I'm using it along w/ the 18/200 AD and smart money index. Smart Money hasn't completely left the market yet
Comment: i'll be back in cash before NY open
Comment: bullish hold from overnight,
Comment: 1hr explosion
Trade closed manually
Comment: flag above?
Comment: smart money dumping on spy 18min will monitor power hour
Comment: not recommending a trade at all. I want to point out that smart money is still deciding while retail is chasing
Comment: back to monitoring short positon based on potential bearish inverted cup/handle
We use ELLIOT wave. If we pass 2692 snp is going higher.
Hi there, I am a newbie with a question. What is the white line you are highlighting at the fib resistances?
Bullriderr aebeeson
@aebeeson, the accumulation/distribution line.
+1 Reply
aebeeson Bullriderr
@Bullriderr, thanks!
@Bullriderr, shhhhhhhhhhhh
Trading_Off_The_Charts Trading_Off_The_Charts
@Trading_Off_The_Charts, teasing. Glad you recognize it. Trade Well my friend.
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