dRends35

SPX - Trade Setup

Long
dRends35 Updated   
FOREXCOM:SPX500   S&P 500 Index
Thought I'd share my trade on this one.

SPX appears to be on a solid higher low bounce before market open with bullish RSI divergence.

Even if the dominant trend is now down if the bounce is here I think it will get back to the 0.7 at least.

TP @ 0.7. SL below the low.

R = 4.

This is also a hedge against my shorts.

Not advice.
Comment:
Turning bearish with big star on the 1H with continuation before open and so i've exited. Will probably test the low from here.

Comment:
Could yet reverse but for me I dont like it after support broken and that 4 candle descent in a bear trend is a bit to smelly to put up with. It is probably a wyckoff re-distribution.

Comment:
Whipsawed AFK 😄

Next video Saturday 22 June😼.

Hodlers assume an obvious next wave up but will there be a sting in the tail💀.

Deep analysis - I keep the juicy details for my clients.

Telegram Group: $50 per month 👍🏻.

Contact: t.me/dRends35
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