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moneyflow_trader
Jun 21, 2023 12:51 PM

Bear Flag APEX Trade Short

AMEX:SPXS30
Direxion Daily S&P 500 Bear 3XArca

Description

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If you follow my charts, you know I have targets for 4750 & 4900 for sp500 futures all have been confirmed w/ the AD showing Ascending Triangles to those targets. And the AD has also confirmed $475 & $493 for AMEX:SPY etf. I encourage bullish traders to bull all dips.

Another Tale is the Bear Flag Trade in AMEX:SPXS that has been repeating for quite sometime. Here is another clear Bear Flag set up w/ an Apex Trade.

Comment

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this is where I come in and load up the calls on this dip this morning for AMEX:SPY etf ...

Comment

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above the cloud, this should put more selling pressure on the AMEX:SPXS sp500 3x bear etf which is currently overbought.. more evidence for the upcoming bounce in AMEX:SPY etf $444 target

Comment

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Trade closed: target reached

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Trend AnalysisHarmonic PatternsChart Patterns
Comments
PKVK123
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i think it should got beyond 15
williamsa3311981
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where do you think we close this week? Thinking it takes a jab at 445 after all this selling.
moneyflow_trader
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@williamsa3311981, I like 445 as possibility , but my focus is on 438.50 range-440 range as more likely targets
moneyflow_trader
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@williamsa3311981, fill that gap first
williamsa3311981
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@moneyflow_trader, nice work bro. qqq looks like it wants to go lower though, which would be bad for spy. hopefully 360 will hold.
moneyflow_trader
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@williamsa3311981, if you're looking for $445 then you want this to occur. I'll make a live chart for you
moneyflow_trader
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@williamsa3311981, made it live for you i'll post updates as I see them (bullish confirmations)
moneyflow_trader
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@williamsa3311981,
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