SPX lay of the land favours shorts

11 May 2020

Price in a small bull flag - bigger resistance right above.

I'd be building a short position here if I had money, instead i'll just try to scalp.

11 May 2020

Not

Still inside smaller bear flag of May 6. Much closer to a top then to a bottom.

11 May 2020

Not

30 m view of the bear flag.

12 May 2020

Not

My VIX calls printing hard.

4 hour view of ES.

12 May 2020

Not

12 May 2020

Not

15 min view of the bearflag that broke hard for posterity.

13 May 2020

Not

Potential for a big break here on pennant / flag.

13 May 2020

Not

Big bust. Been shorting in and out all morning.

14 May 2020

Not

14 May 2020

Not

Big bull trap setting up here on the pennant support breakdown via a pullback retest rejection.

14 May 2020

Not

Another point of view - still bearish. I cannot shake off the bearishness.