SPX Bull Wedge Forming
Updated
Near short-term bottom IMO
Not advice; trade ur own risk; GLTA!
Not advice; trade ur own risk; GLTA!
Trade active
Went long on the 3-wave selloff Fri pmTrade closed manually
Calls went ITM, closed for the weekend, GLTA!Note
Closed right at the descending TL; might be one more weak selloff Monday IMO; or breakout could start at the open, pure gamble, best to wait, see. If it gaps up, can play Fade the Gap, or just watch for an entry for longs.
If gap down, buy it IMO
Note
Decision point, double bottom or just a step on the path lower? IMO 3220 likely
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