Good day folks,
Based on my monthly chart describing the H&S SPX is in, I am expecting another significant drop. (You can look at them for further info)
So basically, I am looking at 267.70 for my short entry (optimal, could be lower/higher) with a target of 252 to 255.
The target is also the low where I am expecting a reversal long, but I will post it later, in due time.
Thank you,
Based on my monthly chart describing the H&S SPX is in, I am expecting another significant drop. (You can look at them for further info)
So basically, I am looking at 267.70 for my short entry (optimal, could be lower/higher) with a target of 252 to 255.
The target is also the low where I am expecting a reversal long, but I will post it later, in due time.
Thank you,
Trade closed: target reached
My target to initiate the trade was a complete miss, however we reached the box. I think there is more selling to come but it looks dangerous.
Related publications
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.
Related publications
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.