Some charts to justify why I'm bearish

Hello traders,

I prefer the bullish side of trading as it is much easier to time market bottoms than market tops. 

We have now reached a price level where I cannot just ignore what charts are foretelling. 

I think we are inn for a second leg down of this recent correction (wave C) and that this should start today or by Monday. This could be a quick correction that ends by this month of August.

Please comment below your view and ideas...

Trade well ;o

VIX ready for take off... - #VIX chart https://t.co/RyzB9BGUUa

— SP500daytrader (@CosTes_trading) August 7, 2020

TVIX ready for take off... - #TVIXF chart https://t.co/7XGrQZEtnb

— SP500daytrader (@CosTes_trading) August 7, 2020

 Lots of MEJT targets below, waiting to be filled... lowest at 2768.30 SPX:

Short #SPX @ 2892 - time is inn for a correction!

Short #SPX

In my last blog post from June 3th, I projected a turnaround and sharp rally from the lows:

For Monday, I expect a gap down and that we print a target down at 2723, from there we start a rally to a target at 2820 SPX, to be reached in few trading days!

We rallied to a 2910.61 high after an incredible rally!
My next call is for a correction to start tomorrow Friday, June 14th that should take us down to a projected low @ 2710
The expected decline could be very sharp and faster than the rally from the June 3th low:

Trade well ;o

Join us in SPXChat -- SP500daytrader chatroom:

https://

https://sp500daytrader.blogspot.com/p/chat-room.html

Short #SPX @ 2892 - time is inn for a correction!

Short #SPX

In my last blog post from June 3th, I projected a turnaround and sharp rally from the lows:

For Monday, I expect a gap down and that we print a target down at 2723, from there we start a rally to a target at 2820 SPX, to be reached in few trading days!

We rallied to a 2910.61 high after an incredible rally!
My next call is for a correction to start tomorrow Friday, June 14th that should take us down to a projected low @ 2710
The expected decline could be very sharp and faster than the rally from the June 3th low:

Trade well ;o

Join us in SPXChat -- SP500daytrader chatroom:

https://

https://sp500daytrader.blogspot.com/p/chat-room.html