SPX-fut to 1875 the target for now...? Then short to 1838 ?

13 de fev. de 2016

I'm trying to use the ABCD bearish Butterfly-formation ( I don't know the absolute exact use off the measure, the distance between the legs), and in combo with the small inverted HS at the bottom. I'm taking a very close look at the area 1872-1875, think it can be some resistance there...... If I get som bearish divergence, in MACD and RSI and other indicator's, and some price-action that favor's to the downside, I will take a short-position around that high. Target to the downside maybe around >>> 1838..... :) Anyone else, that could think this is some good thougth's...... ?