S&P 500 Short — 2024-01-05

1/5/24 #SPX SELL Setup  Price pushed into a 5/15m-FVG and rejected near the PDH. Once I saw that we took out the SSL on the LTF, I was okay to look for the SELL at that point. Dropped to the 1m chart to look for my entry and was given a -VIB with the logic that if we weren't able to rebalance this, then we'd continue to the downside. This would take price to where I was actually looking to buy from at 4677 but due to time of day I won't continue to look for this BUY.

Entry: 4700 SL: 4707.57 Targets:4692, 4684, 4678.17 Risk off: 4692 Partials: 4687.83, 4687.2

Good: Took the trade following all the my rules and my entry was spot on.  The setup was used and established properly.  The patience shown to take this setup and to stay in the setup was really good today.

Bad: My exit could have been better. I partialed just above the last low instead of allowing price to trade through it that was the 4684 low. However, due to time of day, I was okay with this decision.