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1987 Again??
S&P 500 Index
Short
1987 Again??
By CryptoHedging
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Updated
Dec 26, 2018
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Dec 26, 2018
Possible repetition of 1987 flash crash -» exact same pattern.
It's even possible we don't have Wave 4, the panic can be so great causing the market going straight through towards the blue buying area.
We'll attempt to go short at $2300 only risking 1%
Dec 26, 2018
Comment
Seems the markets want to break up to $2400 -$2500 area -» can be a fake out.
Range is possible so this can take days, patience is the key.
Dec 26, 2018
Trade active
short at $2405,30
Dec 26, 2018
Trade closed: stop reached
Stop reached: loss 1.5%
Placed sell order at $2300 as the initial plan.
crash
elliotwaveanalysis
Technical Indicators
S&P 500 (SPX500)
Trend Analysis
Wave Analysis
CryptoHedging
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