the_sunship

SPX 500 USOIL BTC - the rules have changed

Short
the_sunship Updated   
EIGHTCAP:SPX500   S&P 500 Index
Update on all 3 markets and a little about bear vs bull markets at the end.
Comment:
larger bear flag was mis-measured, the target is 3560.
Comment:
No bounce back to bear flag bottom, next stop should be around 3700's with a minor bounce.
Comment:
they are retesting the bear flag bottom, still an objective short.
Comment:
I don't like how the bulls are keeping this up but as of now they are still toying with the underside of the bearflag on spy. Will update if I drop the shorts
Comment:
on QQQ it looks like the correction may be done here, expecting more downside.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.