Comments on the chart. Summary: Still bearish but giving the market to move to the upside before the resumption if the downside
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Bearish idea playing out nicely
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SP500 is finding it difficult to gain traction to the upside. Being nimble is the name of the game
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Nice upside action. According to the 'be nimble' theme I actually profited from a buy for a move to the upside.
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The upside action might have ended at 3946. No one knows. However money has been made via this idea. While I am still bearish down to the 3600 level this is the last update for this idea. Hope you made money from the idea