If SPX is setting up to break, it can not be said to be subtle.
Those caught out would have to be looking at the market through bull tinted spectacles or choosing to ignore classic patterns that have worked so well in previous breaks.
Added to the collection of bull trap warnings, here's the Elliot Waves. Signalling a short entry last week.


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Those caught out would have to be looking at the market through bull tinted spectacles or choosing to ignore classic patterns that have worked so well in previous breaks.
Added to the collection of bull trap warnings, here's the Elliot Waves. Signalling a short entry last week.


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Nota
Looks like wave 1 and 2 in. Big one comes now if this is right.
Trade chiuso manualmente
Looks like it will fail. Out shorts now.Trade attivo
Okay back in. Was worried about a spike. It came. Back in around a retest of where I exited.Trade attivo
Adding more shorts. If the big wave 3 is going to hit it's coming soon.Nota
Stops trailed to 4207. Staying in so long as the trend is consistent.
Nota
Very proactively trailing stops as we get close to the wave 3 target.We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.