GMR-Capital

S&P500 - Resuming leg up

Long
GMR-Capital Mis à jour   
It seems that this correction in wave 4 of C of primary (B) to the upside (targeting 4300+) finished before what we were expecting, at 4054. Price action in the descent looks choppy and a descending broadening wedge has formed. Nasdaq already broke its 4H bull flag.
We therefore closed our short and got long at 4120.3. Stop loss 4100 risk 0.4%
Transaction en cours:
closed on entry. Restriking 4095.6. Possible micro count below
Transaction en cours:
sl on entry. still can play count as here
Transaction en cours:
DBW seems failed. We want to leave both scenarios opened (see counts above). So we are hedging our long with a short from 4127.5
Commentaire:
Long closed on entry, holding the hedge for the short scenario here
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