SP 500 Short Play

I enjoy making charts simply to see how close my ideas are, (disclaimer: I don't trade every chart I make), this one is no different. I am not holding anything in SP 500, but the bigger picture seems clear, headed to a bear market. My best guess is that we fall into a bear flag from here. Watch the RSI for confirmation, we could rally, make a lower higher and a higher low, typical bearish set up.

Short Entry : 2500

Short Target: 1500 - 1200

Kommentera:

Well I was wrong about this one! lmao, I dont claim to be perfect