SPX - Time To Get My Shorting Boots On 🥾

SPX just tagged 0.618 and 200MA and gapped down.

This is probably the retracement top I think and it may lead to another leg down to around 3K.

Shorting overbought stocks BA HON CBU WFC APH ON KBH and SPX.

Not advice.

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Kommentera:

Massive gap down to start the week as big money get this giant cheese rolling down the hill and now the herd rush to follow. But I was already in position and this idea has gone very well

Now just to watch it unfold.

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This reminds me of a trade I made some time ago. I make that 2 perfect catches in a row 😸.

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This one worked well.