Good day folks,
Based on my monthly chart describing the H&S SPX is in, I am expecting another significant drop. (You can look at them for further info)
So basically, I am looking at 267.70 for my short entry (optimal, could be lower/higher) with a target of 252 to 255.
The target is also the low where I am expecting a reversal long, but I will post it later, in due time.
Thank you,
Based on my monthly chart describing the H&S SPX is in, I am expecting another significant drop. (You can look at them for further info)
So basically, I am looking at 267.70 for my short entry (optimal, could be lower/higher) with a target of 252 to 255.
The target is also the low where I am expecting a reversal long, but I will post it later, in due time.
Thank you,
Trade closed: target reached:
My target to initiate the trade was a complete miss, however we reached the box. I think there is more selling to come but it looks dangerous.
