RocketTraveler

ES1! down to 3655

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
ES1! has a date with 3655. Bulls came out of the gate too fast. Market equilibrium about to pull this back down.

Short entry: 4000-4100
Short exit: 3655

Mark it.

Trade active:
Began scaling into shorts at the end of the day as our first target of 4000 was reached. 3655 target still active.
Comment:
Beautiful rejection candle off of the 0.618 fib. I'm all-in shorts now
Trade active:
Still holding shorts. VIX has almost reached our short-term target of 20.25. Market overreacting to a potential December "pivot".
Expecting VIX to bounce longer-term and reach our next target of 29.68

Good luck to all

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