Gotta love ZERO RISK in the SP500 = $$$

Well, I was totally wrong on that idea

 

So the right head on 15 min never got symmetrical but we have now broken the neckline so continuation down to 2528 area is in order on failure of 2578-80

 

Although ES has been annoying in its PA lately, same concepts apply.
Might as well use price action BELOW key prior S/R levels to wait for the turn.
Failed longs at 2586s were a clue bears are not done. Also not good DOW futures blasted down to 300+ right at that moment...

 

Shorted 2582.5
Stop 2590
Objective is 2531

 

ah there we go - they clean retail stops out below 2580 psychological level, then North to Alaska...

New shorts need ES to break below 2575s otherwise up we go...

 

Flat 86.5

 

Silly error today - was short but got shaken out on a move up. Then got short again and closed way too early. -11 points so far today.

 

woulda been nice

 

I have 94/95 as short from previous support

 

No weak left shorts to cover now so buyers strike