Hellena | SPX500 (4H): Short to 50% Fibo lvl area 5374.

19 de ago.

Dear colleagues, at the moment I believe that the price is in the upward impulse of wave “1”, I assume that soon it will end and the correction to the area of 50% Fibonacci level 5374 will begin. It is quite possible that the price is already completing wave “1” and the downward movement will start soon.

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

20 de ago.

Trade ativo

The price is approaching the resistance area. I believe that the price will still renew the maximum, but I am only looking at short positions.
Wave 1 is about to end.

22 de ago.

Trade ativo

Colleagues, price is clearly slowing its upward impulse. The bulls are weakening and I expect the decline to start soon in the correction of wave “2”.
Additionally, I would like to see a Pin-Bar pattern, then it would be a great start to the downward movement.

23 de ago.

Trade ativo

The situation is very similar to DOW Jones - Price has moved a bit towards the target and reached 5567. I think that the update of 5648 is still possible, but all my thoughts now are only about short positions.

26 de ago.

Trade ativo

Colleagues, this week I am assuming that price will start a downward movement and complete the “2” won.
Last week was completely bullish and it looks like the bulls are starting to lose strength.
I believe that only short positions should be considered.

28 de ago.

Trade ativo

Colleagues, the price is slightly flat. There will be an exit from this range and that is for sure, but I believe that a false breakdown of 5651 is possible, and then I expect the beginning of a corrective movement to the area of 5374.

2 de set.

Trade ativo

Dear Colleagues, similar to DOW JONES, this week I expect the price to start declining to the area of 5400. The price is still completing wave “1”. As I wrote before - it can be difficult to determine the exact end of the impulse, but I believe that it will end very soon.
In any case, the price is moving within the forecast.

4 de set.

Trade ativo

The price has actively moved to the stage of downtrend and has long ago passed the level of 5548. In this case I expect a small correction, then the continuation of the decline to the target 5374.
I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

6 de set.

Trade ativo

Dear Colleagues, Price has updated the low and passed the level of 5497. Therefore, I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).

9 de set.

Trade fechado: objetivo atingido

Dear colleagues, the price has reached the target area, but I believe that the price is capable of going even lower!