Back up and see that futures are back down near session lows -
trailing stops on all remaining shorts. HUGE PAYDAY - shared
my plan well in advance yesterday
YES - a higher low is absolutely possible (ES support 3680
holding) and thus why I elected to lock in most gains and trail
stops. Both scenarios called for lower prices so loaded
shorts yesterday and will manage today. Rallies in this
market are a gift UNTIL evidence (structure) changes.
SPX 15 Views (2 Roadmaps shown) but will adjust if stronger
Posted by steve on 28th of Sep 2022 at 05:47 pm
$SPX - Chart Link- posted two different options here - both paths would lead to a test of the 200 Week MA (approx 3590).
The key to any view will be the NATURE of the next pullback and subsequent bounce
Big payday overnight for those
Posted by steve on 29th of Sep 2022 at 05:50 am
Big payday overnight for those who followed
Ka-ching
Posted by timebandit on 29th of Sep 2022 at 08:39 am
Ka-ching
Busy morning as well as
Posted by steve on 29th of Sep 2022 at 07:22 am
Busy morning as well as sold chunk of inverse ETFs for IRAs at 4 am
Going back to bed for awhile after long night. Hope some prospered from setup posted
Back up and see that
Posted by steve on 29th of Sep 2022 at 08:50 am
Back up and see that futures are back down near session lows - trailing stops on all remaining shorts. HUGE PAYDAY - shared my plan well in advance yesterday
Looks like a higher low
Posted by fundamentalvalues on 29th of Sep 2022 at 08:54 am
Looks like a higher low is still possible too based on current action. Nice call on the trade Steve. Let's see
YES - a higher low
Posted by steve on 29th of Sep 2022 at 08:57 am
YES - a higher low is absolutely possible (ES support 3680 holding) and thus why I elected to lock in most gains and trail stops. Both scenarios called for lower prices so loaded shorts yesterday and will manage today. Rallies in this market are a gift UNTIL evidence (structure) changes.
Could be wave B of
Posted by kobie on 29th of Sep 2022 at 09:12 am
Could be wave B of 4....with C up to come to complete Wave4?