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holeyprofit
Aug 10, 2022 12:41 PM

SPX short  Short

US SPX 500OANDA

Description

That looks like it might have been the final spike out. Still quite cautious because strong moves like this can follow through and I still am weary of 4300 - 4370 hitting but there's often a lot of value in fading these styles of moves. False breakouts a lot of the time.
Comments
SquishTrade
I agree, thanks for your analysis!
Here are some timing ideas based on Fibonacci time relationships in this chart / idea.
TraderV123
Thanks! Let's hope so!
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