DaddySawbucks

I Spy Iinverted H&S + Cup/Handle in Sand P!

Long
DaddySawbucks Aktualisiert   
TVC:SPX   S&P 500
Chart shows all. IF it goes it will get another 10% IMO, ending around 3750 ish after election.

Just an idea, not advice; trade at your own risk!
Kommentar:
It's really close to turn IMO; wait-see Tues how it plays and look to long ~3400, at the 0.50
Kommentar:
Looks like it bounces from the Fibo; if we get a deal it will Bull; if not, Bear again
Kommentar:
Futurz trade at fibo 3408 lets see if it bounces!
Trade ist aktiv:
Going long, internals are solid: www.marketwatch...lish-2020-10-22?mod=mw_lat...
Trade ist aktiv:
Flipped the calls in AM and played Fade Gap for nice net. Monday might retest lows from Thursday before moving higher, price action still bearish atm. In cash.
Kommentar:
SPX sells but nothin like Thursday; most of action in NQ1, PM price is well above Thursday low and steady in narrow range. If no late PM selloff, likely pivot higher next week IMO
Kommentar:
Fake breakout on Fri 10/23 followed by hard sell on Mon 10/26, near oversold but room for another drop IMO. DAY TRADING ONLY!
Trade wurde manuell geschlossen:
IMO C&H is invalidated. Looks like a zig-zag correction going since 3 Sep; 28/29 Oct looks a lot like 23/24 Sep, if it plays the same, gonna get a big Green candle soon.
No shorts; a few hedged longs.
Kommentar:
Just reviewing old ideas; this is perfct example of how deceptive patterns can be. C&H turned out to be part of a larger Zig-Zag correction! Whipsawed to Death!
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