Hunt
Whale analysis #1 - Stop runningAn easy method that I'm using to anticipate whale behaviour. Identify stop hunts, messure how much the whales drove price up/down to run the stops, and then project the same distance x2 to x3 in the opposite direction to have an idea around what levels whales would like to take profit.
How I short SPXLooking to short SPX after this double top.
Once the neckline breaks you have several opportunities to place short trades ...
Target is the longterm channel bottom at around 1737.
Taking first profits at 1845.
