Hello Traders. I wanted to do another video analysis on the SPX (sp500 futures).. 1). 5min Bear Flag 2). 1hr Bear Flag (both 1hr/5min Bear flag being confirmed by the AD 3). Retrace to 4272, short target for the 1.618 fib level... 4). Support and Resistances level...
Short term bearish, future short trading
not trading or investment advice... wont hold short going into NY open... will re-evaluate after profit taking
Note
Note
Note
Note
1min bear flag
Note
3min bear flag
Note
AD showing me 4300
Note
monitoring
Trade closed manually
profit taking
Note
in puts now 0 DTE $427 put strike 4292 was my short target Friday, I covered there and it saw a major bounce off the .382 fib level, currently support is acting as resistances..
Note
Trade closed manually
closed all shorts, done for the day
Note
#study could help in the future... stoch rsi above the clouds at the .618 fib
Note
AD showing a 3min TF bear flag going into the close... I will not long anything going into the close, if bear is there in premarket we will set up a short again
Note
15min chart, bear flags
Note
bear flag on futures, waiting for confirmation
Note
bear flag with a double top
Note
30min chart. stoch rsi above the clouds=bearish futures short deployed stop loss at the .50 fib 4299, probably will raise it to the .618 fib... not trading or investing advice
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.
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.