for clarity this is my main count on the actual SPX. Expecting a bottom soon near the previous lows
Comment:
Comment:
Still waiting for a good clear wave-4 to confirm the impulsive structure (c wave) position to the downside. Things will be choppy and expect a wave 4 retest the old lows.
Be very cautious and patient before considering going LONG.
Don't be pushing buttons during a wave-4 you will lose money. Leave monday alone LOOKS like we still have lower to go
Tuesday morning consider taking sum profits on your short positions but also let some run wild with the market no telling exactly how far this could go.
Market could melt down BIG time.
It is a possibility RISK you should be aware of.
It may take a week for this the structure is fully resolve itself. If you do trade only use small positions.
Do YOUR own do diligence my plan uses my own tactics and strategies and may not work well for anyone and i'm not perfect.
Be very cautious and patient before considering going LONG.
Don't be pushing buttons during a wave-4 you will lose money. Leave monday alone LOOKS like we still have lower to go
Tuesday morning consider taking sum profits on your short positions but also let some run wild with the market no telling exactly how far this could go.
Market could melt down BIG time.
It is a possibility RISK you should be aware of.
It may take a week for this the structure is fully resolve itself. If you do trade only use small positions.
Do YOUR own do diligence my plan uses my own tactics and strategies and may not work well for anyone and i'm not perfect.
I would recommend to hold on entering any long positions until after MONDAY
Still taking profits on my shorts but will liley close on monday or Tuesday