Very close to puking my bullish positions and reverting back to being a bear (although I hate to short at these levels, I'd probably wait for a break and rally) but this is possibly a wave 5 spike out.
If it is, then we'll see a big rally to over 6000.
Big attempts at this on now, largely weighted with deep OTM calls so they're cheap to lose.
Wave 5 would be about over now if this is correct.
Otherwise, I think we'll end up trading 5000. Would just be a matter of what path. I'd not short immediately, but I would bail on longs quickly.
If it is, then we'll see a big rally to over 6000.
Big attempts at this on now, largely weighted with deep OTM calls so they're cheap to lose.
Wave 5 would be about over now if this is correct.
Otherwise, I think we'll end up trading 5000. Would just be a matter of what path. I'd not short immediately, but I would bail on longs quickly.
Dagangan aktif
I have a bunch of lotto calls betting on a low made. Sized to go to zero, that's where they'll go if I have this wrong.
But major supports hit here.
Pesanan dibatalkan
ABORT. Exiting into the rally. I thnk I have this terribly wrong.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.