S&P 500 IndexShort
SPX500 SHORT IDEA
*FOR journaling purposes*
We are currently at a high energetic area (local daily 1.618 extension of local wave). There are soft stops outlined. I prefer the short because there is a lot of imbalance levels below and we would have to pop to the upside with a ton of volume due to how strong the level is. My confirmation are also there on the M15 timeframe.
We are currently at a high energetic area (local daily 1.618 extension of local wave). There are soft stops outlined. I prefer the short because there is a lot of imbalance levels below and we would have to pop to the upside with a ton of volume due to how strong the level is. My confirmation are also there on the M15 timeframe.
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