Sp 500 Short
Setup Reasoning:
-Bearish ABCD Completion
-Bearish Shark inside of it
-1 Hr Uptrend already looks extended
-Bearish Divergence on the Daily
-Volume dropping on the daily
Market is telling me to sell.
Entry Trigger:
Aggressive- Sell Limit @ 3026 (Shark Completion 1.13)
Conservative- Wait for price to cross the Ema and break trendline...
Hello there
As the title of my idea indicates; I am going to place a short position on 2 weeks timeframe on the S&P SP:SPX The main reasons for this action:
1- Divergence between wave 3 and 5.
2- Bullish Candle in 1 & 2 weeks divergency
As of when to short; please refer to the below screenshot
Happy Trading Everyone ;)
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-=Never give up=-
The S&P 500 E-Mini Futures Daily
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