Quote Originally Posted by dumbass View Post
i am currently trading from the short side on the sp500, closed 2x short positions (+60 SPX points ) on friday as im expecting a rally from current oversold levels , this should provide an excellent short entry next week.

price should not exceed 1400 so will look for a good short entry below this level with a target around 1320 , its a C wave so should be swift and violent.
The market showing resilience in the face of adversity at present.

holding shorts from 1364 and will maintain a target around 1320 area. europe is selling any rallies and the us is buying dips , when this resolves

i think this market is going rally to new highs , so starting to think long entry position build around 1320 - 1340.