SHORT THE BOUNCE - SP500
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Hopefully everyone made some money on my last sp500 predictions. There may be another opportunity wed, thurs, fri.
It appears as though we may have an opportunity to short the bounce again going into today (wed).
I have done a forecast on the price. Lets see if this plays out, don't load up, stair step into the trade.
It appears as though we may have an opportunity to short the bounce again going into today (wed).
I have done a forecast on the price. Lets see if this plays out, don't load up, stair step into the trade.
Nota
Are you ready? :)Nota
This market is bouncing on low volume. That never lasts.Nota
390-392 is the short zone.Nota
Shorting now. Friday expNota
It could have another burst higher going into the close but I would rather be in the trade than not.Nota
Target around 378-380Nota
Taking partial profitNota
Closing trades fullyNota
I expect to break the lows at 380 tomorrow (fri) but happy with the profits for this week.
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