SPX500 short till 2020 tomorrow (Wednesday~04/06/2016)
Reason : 20 points wave divided into four parts commenced from 2080 which will finish at 2020. However, Index will bounce off this level immediately.
Short opportunity prevail only till tomorrow. Long opportunity will head to 2100 by 1/2 weeks.
Short opportunity prevail only till tomorrow. Long opportunity will head to 2100 by 1/2 weeks.
Trade active
Trade closed manually
More than partial profit booked @ 2035 level. Current wave is final one to put fire into market. Further to this fall will be volatile i.e. more back and forth which will continue heading towards 2030-2025 with shift in momentum i.e. gradual manner.
In this gradual move full profit will book.
Trade closed: target reached
Long position with target of SPX500 @ 2,100 is achieved. Maximum profit booked at current level of 2,080.
Rest all position will be closed very soon.
Trade closed: target reached
Profit booked with remaining open positions. Will wait here for further development of sideways market then short side.
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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.