Short

Updated

Daily chart C wave sell off target $370

took my profits above 403 on call options printed good money... I see a retrace now from C wave to $370. Due to the AD + Stoc RSI at same height which is bearish based on money flow principles and strategies .. notice how SP500 rose when both the AD & Stoch RSI were bottom together.

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see the bat pattern

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something to monitor... Im in cash position and setting up my short via $spxs... sp500 futures can rally to 4158, which would be a great short entry. dont mind Dollar cost averaging into it either... be nimble

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im buying puts at the eod see the bullish cypher and how b leg is currently acting as resistances but the AD + Moneyflow showing potential 4158..

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added at 18.85 starter position... will add more later

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another way I find long and short signals then confirm them w/ TA

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I like short scalping futures while keeping a short position overnight. Its a hedge play. And we buy those puts out 2-3 months in advance

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now we know 4080 is a key level. we've actually shorted this level before. its just a scalp position we're not holding it til NY open

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showing this chart, because it shows the double bottom by the AD + price action. You can also use Price Action and ichimoku Cloud to find double bottoms as well

but key to point out here is that $407 got rejected at the .618 fib level previously

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hit play on the above chart and you'll see the .618 rejection. Can Jerome Powell talk this up? Possibly, but there are way too many gaps present. and would likely have to gap up above $406-407, to retrace upward to 410-415 level. I dont see that happening

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We came, We saw, We conquered.. Hope everyone is in profits, thanks for the likes and comments even if was negative. Letting the profits ride. cheers

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$385 1hr target w/ a rounding top present w/ use of a Pitch fork

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stalking a position near $16, AD showing bullish cypher on weekl

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I established a position here in spxs 3x bear etf.. bought calls this morning a month out

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approaching weekly apex

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must take out 397.77

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lets see what she will do from here tradingview.com/chart/rByb49Ih/

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now at the .236 fib level

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looking for 395.89

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made a clearer chart to follow . still correlates to this. but just a better depiction of the short and swings im seeing

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above chart is the 2hr, and study is the Daily. see how they both correlate. You're just seeing a bigger short on a higher time frame oppose to the 2hr time frame

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magnet to 394 now

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spxs 3x bear etf breakout set up

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weekly trendline on sp500 futures being breached. will be interesting to see to how the government gets out in front of this madness.

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targeting 3400 on the spx500usd futures chart over the next 1-2 months, likely before Summer heats up

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sp500 futures weekly chart update w/ ABCD pattern, Cypher, with wave count. The weekly chart looks brutal. I'll continue to update as more data and info comes out

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I see 3792 on spx500usd as very near short term target

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If the AD breaches trend Line, I really can see falling to $385 level.. and we're only 45minutes into the Trading Session today

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1hr head and shoulders. I did a Pitch Fork + Inside Fork Combo... The Inside Fork rejected this mornings movement. monitoring for a breach of the neckline by the AD

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$385.90 just flashed on the ticker for lovely day. Im closing all short positions/puts, and calls on spxs at $380 thanks for coming along the ride.. Enjoy your profits

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look at this money flow exit shown by the Ad. To illustrate my point further, i've overlayed it w/ fibs.. we're approaching the .382 fib level.. Thats crazy to me

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maybe it bounces on Monday or Tuesday next week at the .236 fib level ..

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high yield dividends being dumped

Trade closed manually

im closing shorts early, locking my profits in, have a good weekend fols

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last chart for this trade for those that are still in the position.. .previous support is now resistances

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follow the new idea, as we're bouncing off the 5th wave

moneyflow_trader

Related publications

still sticking to my 405 target

by moneyflow_trader

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