1hr AD has peaked w/ price action along w/ money flow. the last bounce came at 3950 from the .50 fib level , we need to revisit the .236 fib level now at 3920 trap was laid out this morning for retail bulls... please see my additional charts on SPY and SPX500
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3 abcd patterns in this bullish cypher pattern (hidden)
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double top from 5th Elliot Wave to B leg, then looking down to 3920 to set up 2nd bullish cypher
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waiting on the apex of the triangle to be breached . charted from start of futures after todays session closed
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once the apex is breached, this will carry over to the other time frames, til we waterfall to 3920
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needs to create a new floor , and push through (E leg)
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they running out of pumps.. this is a clear head and shoulders
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yes I'm still short, everything is going as planned .. Had some bounces, but that is expected.. Why I always recommend buying puts at least 90 days out, and having the ability to trade futures.. this is not for the week. I still stand by this short trade
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live chart for the above
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monitoring this abcd set up
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took profits near the 3rd wave, looking to add some puts here..
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if you're bullish then you're likely looking for a gap above the key resistances level of D leg, or you can wait for a clear breakdown from C wave of the previous bullish cypher. Also notice how patterns flow together.. bullish cypher into a bullish abcd pattern
I really liked your ideas and effort you put into this, I'm inspired 😊
KoDPrey
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great im with you.
NeonLight
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Agreed with you. Tracking the same thing. Good luck.
softo
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Perfect Thank You!
tantamount
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REKT! lmao. Now who's the clown? As I posted in the public chat (and you went all name calling on me) 3970 area was a bounce zone! :p Better luck next time.
TORNADOF5
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i hope so as well LoL still got some air lines shorts :{ under water thank you ,god bless