TradingView
tipere445
Dec 13, 2018 9:04 PM

No gift from Santa this year Short

SPDR S&P 500 ETF TRUSTArca

Description

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,

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.
More