S&P - Preemptive Bid-

Weekly Inside Bar - Preparing for breakout.

Inside bar at the top - stating trend reversal ?

Trend line break still intact.

Note

faster than expected. should wait for a pullback to enter again

Note

bearish engulfing - Daily

everything so far points it down

Note

Hopefully its a pullback to .618 with no changes to sentiment.

Note

and Yes, It was a pullback only...

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first support found at 50 MA.
Should wait for a pullback to go short again

Note

another view -

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Possible trade for next 1-2 days.

Note

- Broke a new low( recent one ) - Brings confidence to the short.
- possible channel identified
- look to long at support and then short at resistance

Overall Long term bearish stand seems to be still valid.

Note

better and broader view for the comment above -

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Didn't respect channel - Broke down straight ....
Will close short at 289x ( green arrow ) and will wait for a pullback

Trade closed manually

Closed Manually.

Note

Looks like preparing for a pullback
Inside bar at 4hrs
following a minor trend line.
should buy or sell based on breakout or breakdown of Inside bar

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Time to look again for a short -
1st signal RSI Divergence

Note

Divergence at its best

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Roller coaster in last few weeks.. Finally.. things looking to be better..

could this be it?

See it.. ABC ( correction ) completed.. looking for small, very small positions to open for long from here

ABFX6

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ABFX6

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