DaddySawbucks

Parabolic Exhaustion Gap Incoming?

Singkat
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TVC:SPX   Indeks S&P 500
Every major top ended with the parabolic, a vertical unsustainable spike, delivered on an exhaustion gap.

Overlay from Aug > September fits perfectly... expect a gap weds or thurs to terminate in blowoff around 4200.

RSI went to 88 on 2 September. Closed at 77 Tues... still room to run higher into overbought zone IMO.

Trade at your own risk; GLTA!
Dagangan aktif:
Short in May contracts on IWM, SPY, QQQ
Dagangan ditutup secara manual:
Made bank; could bounce here, closed EOD. Do not underestimate the bulls to pump this overnight! First sell from ATH usually provokes BTFD rally.
Dagangan aktif:
shorted and closed, short the bounce rallies imo
Komen:
Gonna get double top IMO, see if the Euros pump it AH
Penafian

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