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moneyflow_trader
Mar 17, 2023 4:56 PM

short the C leg of the bullish cypher Short

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

Description

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there is also a rising wedge into a trend line resistances. The B leg of the previous bearish cypher acted as inital bounce area, as a result I see a future spy rally set up into the close today. This can also push SPY for $400+ $4080 SPX

Trade closed manually

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No more updates will be provided...

Trade active

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time to start buying

Comment

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long the 3x bearish etf (just want to be clear, since folks are asking)

Comment

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this is the bullish reason if the AD breaches the 200 moving avg, this goes to 407 fast
Trend AnalysisHarmonic PatternsChart PatternsSPDR S&P 500 ETF (SPY) S&P 500 (SPX500)US SPX 500spylong
Comments
Sociablebear
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Time to start buying short?
moneyflow_trader
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@Sociablebear, the short was the past trade... Im longing the position itself .. looking for spy to go to 407... so im long spxs
Sociablebear
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@moneyflow_trader, thanks! Just waiting for 407? Dont you think it will go even lower? Or just a quick trade?
Sociablebear
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Time to start buying?
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