S&P 500 Index
Short
Updated

S&P - Preemptive Bid-

168
Weekly Inside Bar - Preparing for breakout.

Inside bar at the top - stating trend reversal ?

Trend line break still intact.
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faster than expected. should wait for a pullback to enter again
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bearish engulfing - Daily
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everything so far points it down
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Hopefully its a pullback to .618 with no changes to sentiment.

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and Yes, It was a pullback only...

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first support found at 50 MA.
Should wait for a pullback to go short again
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another view -
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Possible trade for next 1-2 days.
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- Broke a new low( recent one ) - Brings confidence to the short.
- possible channel identified
- look to long at support and then short at resistance

Overall Long term bearish stand seems to be still valid.

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better and broader view for the comment above -

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Didn't respect channel - Broke down straight ....
Will close short at 289x ( green arrow ) and will wait for a pullback

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Trade closed manually
Closed Manually.
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Looks like preparing for a pullback
Inside bar at 4hrs
following a minor trend line.
should buy or sell based on breakout or breakdown of Inside bar
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Time to look again for a short -
1st signal RSI Divergence
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Divergence at its best
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Roller coaster in last few weeks.. Finally.. things looking to be better..

could this be it?

See it.. ABC ( correction ) completed.. looking for small, very small positions to open for long from here

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