dougl1965
Short

SPY - 15 minute chart trade idea

AMEX:SPY   SPDR S&P 500
SPY             - 15 minute chart - bearish order blocks

Major duhhh moment today. I've been looking for great entries, good rewards setups.
bingo! in a bearish enviroment, I am looking for a least 2 RED bars (good size). As it turns out, at least around a $.75 move down. Look for the previous bullish (green) bar; if price retraces to it, then sell.

My target will be the previous low.
Nice, I didn't catch your post back then, but it would've been a nice 4 dollars in one day not to even count the gap down...
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