S&P 500Short
Sand P in Double Combo Wave Correction; Z wave incoming?!
Chart says all. Had one of these in 2019. Bulled like crazy afterwards. These waves are brutal trade killers, terrific whipsaw.
If this plays out same way as last year, the wriggly worm will slip off the hook at 'Z' and the fish will jump after it...!
Short until pivot near 3300 - 3360, then all in long, target 3750 - 3830, based on measured move +560 pips.
Alternate possibility: this Triple Top is end of run and breaks way back down...
Just ideas, not advice, trade at your own risk, GLTA!
If this plays out same way as last year, the wriggly worm will slip off the hook at 'Z' and the fish will jump after it...!
Short until pivot near 3300 - 3360, then all in long, target 3750 - 3830, based on measured move +560 pips.
Alternate possibility: this Triple Top is end of run and breaks way back down...
Just ideas, not advice, trade at your own risk, GLTA!
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