$SPX - Short Now 3835

Just an Idea I have marked up on the charts that once it reached this level 3835 to short.

If you want to stretch out the chart, the orage lines signify areas to watch for either taking profit or possible pivoting to the bullish side. So this could be some scalping and not a long term move. But I have a feeling there's a liquidity draw further down around 3720 which could make this a longer term move.

Comment:

Partial Take at 3812

Comment:

Moving Stop loss to even

Trade active:

Next Partial at 3792

Trade active:

Partial was taken

Trade closed: stop reached:

Knocked out from the stop loss but that was after two take profits of 5 dollars per tick, 23 on the first take profit and 42 on the second take profit. Is a $300+ dollar day for me so I'm calling it a day with this one plus a little more to go with the ETH trade, it's the ADA trade I have to watch carefully, luckily I didn't put much risk into that one. I just set another Raven Trade as well.

Comment:

You may still be in the trade if you did not move your stop loss, and if you didn't and it still does hit the original stop loss you would still be in profit from hitting our first two targets. So I'll continue to entertain this one as if the you did not move your stop loss.

Comment:

Hopefully you didn't move your stop loss as it got down to the yellow line outlined in the original idea above, an area I thought the price would seek today.