SPX500 SHORT IDEA
*FOR journaling purposes*
We are currently at a high energetic area (local daily 1.618 extension of local wave). There are soft stops outlined. I prefer the short because there is a lot of imbalance levels below and we would have to pop to the upside with a ton of volume due to how strong the level is. My confirmation are also there on the M15 timeframe.
We are currently at a high energetic area (local daily 1.618 extension of local wave). There are soft stops outlined. I prefer the short because there is a lot of imbalance levels below and we would have to pop to the upside with a ton of volume due to how strong the level is. My confirmation are also there on the M15 timeframe.
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.