Get started
InfowarsTrader

3rd rising wedge in April rally about to break

Short
US 500 (CURRENCYCOM:US500)  
InfowarsTrader Updated   
CURRENCYCOM:US500   US 500
Trend Analysis Chart Patterns
10
0
trendanalysis chartpattern
2 previous rising wedges saw a 6-7% retracement. I expect the current wedge to break shortly. Could fall anywhere between 2720-2800 in next few days
Trade active:
Seems like sell in May idea is becoming more real. Will update shortly.
Comment:
Comment:
Exited all my positions on Friday @ 2830 (CBOE Put Options on S&P). Even if I didn't reach my target range of 2720-2800 it's never too early to exit and take profits. In the market there are bulls, bears and pigs. Bulls and Bears make money, but pigs get slaughtered. They are too greedy.

Congrats to all my followers.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.