SP500 looks weak 🦐

15 thg 9, 2022

SP500 on the 4h chart has retested perfectly the 0.618 fibonacci lelevl over a weekly resistance.
The price is now trading above a daily support and a break below will show further signs of weakness.

I will wait for a clear break on the 4h chart and if that will happen i will be looking for a nice short order according to the Plancton's strategy rules.

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Follow the Shrimp 🦐

Keep in mind.

• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.


Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.

15 thg 9, 2022

Ghi chú

a break will be needed first to consider a new position

16 thg 9, 2022

Ghi chú

as expected

19 thg 9, 2022

Ghi chú

a series of lower lows lower highs, the trend is your friend until you ll recognize a sign of reversal

20 thg 9, 2022

Ghi chú

break and retest, waiting for the FED

22 thg 9, 2022

Ghi chú

another 5% move in our favour

23 thg 9, 2022

Ghi chú

moving lower as expcted

26 thg 9, 2022

Ghi chú

new recent low for a 7% call

27 thg 9, 2022

Ghi chú

short term retracement to the upside

28 thg 9, 2022

Ghi chú

choppy lower low for a 8.47%

29 thg 9, 2022

Ghi chú

retest of the resitance

30 thg 9, 2022

Ghi chú

new recent low ahead

3 thg 10, 2022

Ghi chú

typical beginning of the month move