SPX just hit major resistance. Biggest resistance of the year. It is possible this selling has more momentum.
However, if it is just a dip we'd be near the end and if this is a bear trap the rally can be exceptional after breaking it.
High RR spot long here.
Total rug risk if stop breaks. Be disciplined.
However, if it is just a dip we'd be near the end and if this is a bear trap the rally can be exceptional after breaking it.
High RR spot long here.
Total rug risk if stop breaks. Be disciplined.
Note
Stops on low entries to even and partly trailed to 5596Trade closed: target reached
Out this one.We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.