blondengineer

blondengineer Updated 

I'm ready to let it go if it goes below the trendline.

blondengineer Updated 

In the weekly chart we observe another touch on the expanding triangle. This is a zoom in and cleaner TA from my previous analysis. I am trading the following scenarios: 1) Short. If this scenario is right, expect considerable retracement, following the direction of the red arrow. For me, it is the most likely scenario right now. There is very clear bearish...

blondengineer

In the weekly chart we observe another touch on the expanding triangle. I am trading the following scenarios: 1) Short. If this scenario is right, expect considerable retracement, following the direction of the red arrow. For me, it is the most likely scenario right now, and I am in aggressive short in SPX500 futures, and long in VIX. There is very clear...

blondengineer

SPX has closed the week very close to support. I took long positions in my swing trading. And I will flip short (again) if we reach the upper box or close to the red dynamic resistance. With double bottom and double top , it was enough to determine that we were ranging. Unless we are proven wrong, this is the right strategy for swing trading from a Risk/Reward...