Futures E-mini S&P 500
Short
Aggiornato

Bearish Elliot Wave Formations.

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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.

A sharp break is required if this is a bull trap.


Big swing shorts on now.

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Big swing shorts and OTM puts SPX

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The Breaking Bull Trap: Roadmap of Bull Failure in Year Ahead.
Nota
Looks like wave 1 and 2 in.

Big one comes now if this is right.
Nota
Strong down trend supports wave 3 thesis.
istantanea
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.

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