So we got the rally i was expecting, now in btc we can get another leg higher but i don't see s&p 500 going higher. I be using a small position in my account to take a swing short from here taking profit at the first red box and fully closing at the middle red box at the 1 to 1 target. There also a chance we get down to the red box at the 1.618 but at the end of the am happy with catching any gain.
Comment:
as s&p500 didn't make a higher high from last night, btc did have another leg up which was mention. this was the leg up i was expecting. you will always have to fade your wins. so i will ladder in more shorts here from my first small short i took last night.
Comment:
Will be closing this at 9250 only due to the markets will have another wave higher. Believe I will need to be a little more patient to get this big short.