Getting confident with this S&P move...

2023年2月9日

Blending my 2 previous SPX posts, we are in W-X-Y correction before trend continuation downwards which is being represented by a bearish bat pattern.
We are in wave Y and lack of divergence on daily chart brings me to believe minute wave 5 of the Y wave has not been reached. Therefore we are heading right now to wave 4 to retest moving averages before a high around 4220 area.
On the daily RSI expecting some bearish divergence surrounding the 68 level (previous RSI high) to confirm these moves.

2023年2月23日

註釋

Theoretically we either still in wave 4 and set to rebound to BAT target of 4224 or we have avoided a divergence and have completed wave 1 and are set to rebound for a lower high approx 4140

Already positioned short at 4153 and have a hedge long at 4000 exactly

Between 4174 - 4308 are great short opps

Wrong if daily close above 4360