ES1! down to 3655

Updated
ES1! has a date with 3655. Bulls came out of the gate too fast. Market equilibrium about to pull this back down.

Short entry: 4000-4100
Short exit: 3655

Mark it.

https://www.tradingview.com/x/9TfK6Chb/
Trade active
Began scaling into shorts at the end of the day as our first target of 4000 was reached. 3655 target still active.
Note
Beautiful rejection candle off of the 0.618 fib. I'm all-in shorts now
snapshot
Trade active
Still holding shorts. VIX has almost reached our short-term target of 20.25. Market overreacting to a potential December "pivot". snapshot

Expecting VIX to bounce longer-term and reach our next target of 29.68
snapshot

Good luck to all
Beyond Technical AnalysisS&P 500 E-Mini FuturesS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis

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