LukeSkywalker

SPX Is Going To Crash Next Week

Short
LukeSkywalker Aggiornato   
OANDA:SPX500USD   Indice S&P 500
2950-2977, is going to be the resistance area to look out for. If we get any significant resistance there, SPX is going to turn into a big downtrend.
Commento:
Didnt anticipate the tartiff tweet, but news should bring us up to 289.
Commento:
To me it looks like SPY did ABC down. The volatile movements we had, is a clear indication we usually see with C waves. We need 283,2 to hold in order for this to reach 295 spy.
Commento:
We got liftoff. This is going as anticipated. We should be looking at a 296-298 retracement. there is where would load shorts and target 27x.

Commento:
That was it for the retracement. We can maximum go to 297, but very unlikely. I would start shorting here. Target is 273.

Commento:
New count:

If im correct we are going to test 3019 next.

But we still have a lot of resistance to go through. We absolutely need to go past the red resistance i have marked. After that there isnt much resistance up to 3019.



Commento:
Ok we got some upward momentum going. But i tend to be on the short side. I'm shorting the red Resistance area here, my overall target for this short is: 265.
Commento:
New idea here: Give it a like ;)

Trade chiuso: stop raggiunto

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