SPX500: Probabilities Within Possibilities
Please take a look.
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I didn't initiate a trade today and don't regret it. Tomorrow morning will be a better chance for a reasonable "fill" :)
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Watch for the reinforcement of the channel border. A modest short position if/when we show some appropriate candle patterns around the top of the channel. Day trade only. Tight stops or/and clinch. Good luck.
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No shorting this atm. Watch for a 1hr convincing turn and don't go with the 1st wave, my friendly suggestion only, not a trade advice. Assume this will go up forever, very crazy action :)
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I have 1 hr Heikin Ashi turned on to keep me out of trouble, no trading. Maybe the last hour of the day will offer something reasonable.
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Almost every single bull flag failed recently, but I don't want to short this one because of the super long 1 hr candle at the base today. We might very well try to hit 230 early next week. Buying retraces might be safer if you're looking for low risk deals. Stay safe. The slower you go the further you get.
