Hi trader's,
In Thursday's trading session I will be looking for a short in the SP500. We might start with a push higher but I expect that to be part of the corrective structure which is currently unfolding.
My focus will be on the sell-trade and I will not participate in any potential buy set-ups.
This means that I will be looking for minor flags then execute the sell.
Below; 15 min tf which shows a possible scenario if we see some bullish momentum.
In Thursday's trading session I will be looking for a short in the SP500. We might start with a push higher but I expect that to be part of the corrective structure which is currently unfolding.
My focus will be on the sell-trade and I will not participate in any potential buy set-ups.
This means that I will be looking for minor flags then execute the sell.
Below; 15 min tf which shows a possible scenario if we see some bullish momentum.
Comment:
Hi trader's, I haven't changed my view yet. It seems like price is just extending within this corrective structure.
