Looking for retest of lows next week

Güncellendi
SPX failed to break the downtrend and was also rejected by the 20day and 9 day. I expect us to head to the lower BB again. Weekly candles also suggesting a trip to the 2370-80 area to pierce that BB.

I went heavy short the market with SPXS shares and calls, TZA shares, and SPY puts. Stop if we move above 20day or TL. With oil meeting kick the can going on as expected, I don't see that happening before I'm able to scalp some good profits. Will start looking to flip to long when we pierce the lower BB on daily and weekly charts.

Intraday I will keep my eye on the 15 min candles and 1 hour. For the most part they have been doing a good job of showing good entry/exits intraday. Sometimes even peeking at the 5min.
İşlem kapandı: durdurma seviyesi
Well, there was a gap, just wrong way. Stopped out.
Chart PatternsSPX (S&P 500 Index)SPXSSPDR S&P 500 ETF (SPY) Trend AnalysisTZA

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Feragatname