$ES1!
The wide range made it difficult for most to determine if we were bullish or bearish. Therefore, I am keeping this trade simple and plan to trade the reversion using the descending channel as my stop loss.
Stop - closed outside of the channel.
Target - bottom of the channel.
The wide range made it difficult for most to determine if we were bullish or bearish. Therefore, I am keeping this trade simple and plan to trade the reversion using the descending channel as my stop loss.
Stop - closed outside of the channel.
Target - bottom of the channel.
Komen:
Ideal targets to downside:
Komen:
There is a potential 2B pattern in the making.
Next week, I will watch the previous Thursday's low and 4180.
Below's Thursday's low - this may potentially reverse and retest 3800
Next week, I will watch the previous Thursday's low and 4180.
Below's Thursday's low - this may potentially reverse and retest 3800
Komen:
Still bearish and still shorting the S&P500.