SPX500 - Looking Impulsive to the down-side
This current pattern really fits the look of an impulsive pattern. And as it is to the downside I'm expecting a lot more to come without much retracement above 4700. I'm not entirely comfortable disclosing my potions of being Long or Short. So I won't. I think every trader has to make their own decisions based on many factors and their own analysis. Because every trader needs to be completely responsible for their own money management, losses and gains. It's the only way to make money consistently in the end.
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