Half way down? Here is a plan to trade it
SPX did a nice move down. Now the market is to decide its furtner move.
There are two options
1) consolidate before continue to going down (plan A). Slow movements down and short up within a limited range will be a sell singnal.
2) in the next few hours it will continue to go up. Wait for a short 15m consolidation above current levels for a buy signal
My inclination is to A. Let's see
There are two options
1) consolidate before continue to going down (plan A). Slow movements down and short up within a limited range will be a sell singnal.
2) in the next few hours it will continue to go up. Wait for a short 15m consolidation above current levels for a buy signal
My inclination is to A. Let's see
交易進行
Plan A (short) activated. Short consolidation and following break of the structure.Target 3600註釋
Bigger consolidation to 3666 is possible, but his doesn't change the short trade plan註釋
Trade still active. It took more time for consolidation before going down. Plan A still.
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