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TheSecretsOfTrading
Nov 21, 2022 10:39 AM

SPX Futures - A quick mid term look! Short

US SPX 500OANDA

Description

So here is the idea - I DON'T THINK THE FALL WILL HAPPEN 1:1 as in 2008 - there will be more trickery around - that's why we need to monitor those two marked areas - breaking the lower one will very likely hit target #1 - that would be THE crash - Target #2 is marked just because it makes sense within the past lows (extended trendline).

My bias is still strongly short-biased.
Comments
FinancialGenie
Love this
Tradersweekly
Thanks for sharing.
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