The SP500 is dropping as predicted in my last analysis. We may get a bounce here which would offer up another entry down to the 380's.
This movement down to the 3800 should happen this week but at the latest by next week. If price does bounce from here I will enter a short position with expiration this friday and next friday (options).
This movement down to the 3800 should happen this week but at the latest by next week. If price does bounce from here I will enter a short position with expiration this friday and next friday (options).
Note
Short the BOUNCE :)Note
Target reached, trade closed.Disclaimer
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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.