US 500
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Correction

236
The price has just broke out of the channel. If it's not a fake break out, I expect to see some correction this week. Perhaps it will be insignificant like the previous one at the beginning of the month.
Nota
So it was a fake break out. Ok, let it retest the yellow channel and touch 5900 inside the orange channel, then there will be more chances to go on a deeper correction aftewards.
Nota
Not a fake break out now - back to the plan
Dagangan ditutup: sasaran tercapai
The price almost reached the bottom of the green channel (on some stocks actually reahed). so I've closed my shorts. The reversal is not confirmed as long as the price stays inside the channel. I'm taking into account the possibility that the price may go to a new ATH, so I'll be looking for new short entry points above 5900.
Nota
Final wave

Penafian

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