Small Cap Shark

Not a big believer of harmonic trading, but there is the pattern. Money flow weakens.
These patterns supposedly result in a 50% pullback, as shown. Not advice; GLTA!

Comentário:

Overnite RTY has moved back to the resistance zone at 2225. If pushback, then lower ahead again, and might get real dicey rejecting from this price twice...

Comentário:

See related idea, nearing end of countertrend rally, in sell box; trend is still down, this is a bull trap flag IMO

Trade ativo:

Rolled and sold now in the Oct 224s

Trade fechado manualmente:

Went ITM for a minute and closed it. Watch n wait. probly higher Friday. Useless to short when it's still rising.

Comentário:

Four up waves now into overbought territory, can get more so. Waiting.