Small Cap Shark

By DaddySawbucks
Updated
Not a big believer of harmonic trading, but there is the pattern. Money flow weakens.
These patterns supposedly result in a 50% pullback, as shown. Not advice; GLTA!
Comment
Overnite RTY has moved back to the resistance zone at 2225. If pushback, then lower ahead again, and might get real dicey rejecting from this price twice...
Comment
See related idea, nearing end of countertrend rally, in sell box; trend is still down, this is a bull trap flag IMO
Trade active
Rolled and sold now in the Oct 224s
Trade closed manually
Went ITM for a minute and closed it. Watch n wait. probly higher Friday. Useless to short when it's still rising.
Comment
Four up waves now into overbought territory, can get more so. Waiting.
Harmonic Patterns

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