FX:SPX500   Indice S&P 500
7
I tried long today and got stopped when price handily sliced through the .50 retrace. As you can see, that was a lovely little head fake and price did indeed turn around. The problem is, I went long on a shorter time frame pattern which is no longer valid and the BAT could still be in play. Above the 2nd dashed line the YELLOW Gartley looks favorable. But the BAT could make a turn, if it's in play anywhere above .368 retrace (not shown here). So, below today's low, would confirm the BAT and I can only hope it happens during the cash session because lately, these confirmation zones have been hitting during the overnight session.

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