$SPY Huge Drop Incoming...

Fakeout Fakeout Fakeout.
Another Fakeout Incoming.

Note

PT #1 :$400
PT #2 : $390
PT #3 : $380
PT #4 : $370
PT #5 : $375
PT #6 : $365
PT #7 : $355

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Keep going down.

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Be patient... Your time will come.

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Looking to hit target #1 at $400. We are currently under breakout, which is great to see for shorts.

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Note

Bears need to stay under 4110
Bulls need to hold potential retest of breakout trendline to prevent entering lower channel

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Everything going as planned.

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Target #1 of 400 has been hit.

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Target #2 : $390 has been hit.
Everything going as planned.

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Target #3 : $380 has been hit.

Trade closed: target reached

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