I am in the system trade but was trying to judge entering more
long positions… ended up buying the touch of the trendline and
picking up more on the intraday symmetry break… but also just
generally trying to better understand flats as I find them
challenging to recognize and grok. Relatively new to EW compared to
many here…
not trying to second guess the system stuff…
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That SPX chart has 4200
SPX expanded flat playing out after ES lost pivot and ...
Posted by arun on 8th of Feb 2023 at 12:51 pm
That SPX chart has 4200 written all over it
good luck with shorts. Shorts next bet is on CPI as if china reopening is going to send CPI to the moon
I am in the system
Posted by greggone on 8th of Feb 2023 at 01:08 pm
I am in the system trade but was trying to judge entering more long positions… ended up buying the touch of the trendline and picking up more on the intraday symmetry break… but also just generally trying to better understand flats as I find them challenging to recognize and grok. Relatively new to EW compared to many here…
not trying to second guess the system stuff…