wstchse

SPX Short Setup

Short
FX:SPX500   Indice S&P 500
if you have been following any of my latest charts then you will know atm i am flat...however i am following the market very closely and so far i have not been convinced that this wave 2 was done. Well after taking a look at the time symmetry between the corrections of the previous sub-cycle as you can see there is clearly time symmetry. So why would wave 2 of the larger cycle share the exact time symmetry...well it doesnt which is why its looking more and more like the move from 278-9 to 269 was simply an "a" wave to start the larger wave 2 correction! Also we have declining volume on this move up. I am in no hurry to enter the market and will wait for confirmation to short this. I will update accordingly in the chat. If you have questions about entering or the idea feel free to pm me! Happy Trading!

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.