Long S&P
S&Pis falling. Everybody is scared. Of what? I guess they couldn't explain it. Elections, they say.
But it doesnt change anything. Really.
Only 15% bulls in sentiment. That usually brings us a reversal in a few days (but not always)
As soon as VIX will show a nice retracement, the market will pop. I assume it will make it as shown on the chart.
We might see the 2180 soon. and i even believe that this impulse will bring the most endurant investors to the 2300 zone in 3-6 months.
So long from here and add on 2040 if spotted. anyway we'll bounce back.
But it doesnt change anything. Really.
Only 15% bulls in sentiment. That usually brings us a reversal in a few days (but not always)
As soon as VIX will show a nice retracement, the market will pop. I assume it will make it as shown on the chart.
We might see the 2180 soon. and i even believe that this impulse will bring the most endurant investors to the 2300 zone in 3-6 months.
So long from here and add on 2040 if spotted. anyway we'll bounce back.
Note
Just in time. From now we will start hearing more and more signals to long. Even bears now are telling about the possibility of 1-2% upside (to reshort).They'll short, got stopped, short higher, got stopped... so we'll grow on short squeeze at least.
And the sleeping bulls will soon find out that many stocks are VERY CHEAP and start their buy-buy-buy action.
Note
Ultimate kill! VIX is slammed -16%. Most of the traders still thinking of short. They are not robots, they can't rethink this fast. They can't buy what they wanted to sell just 1 day ago. So most of them will miss the long entries. They'll change their minds when the price is 2150+ already.Note
moving too fast. Shorters act exactly like like they should. Instead of buying they try to short at the start of the day. Got stopped out and miss the long opportunity.I hope to see that every day in next 5-7 days.
Note
about the fast moving. This may mean that 2180 is not our target. Target could be much higher. Buy, hold and relax.Note
we did hit the extremum 2040 target and bounced back. Nice try bears, nice try.Note
We just ignored the election thing and back on track:Elections, they say. But it doesnt change anything. Really.
Note
Made the just for fun idea:
Note
2180 hit, but not closing long positions ;)Note
Started taking profit on longs. Closing ~1/2 of my longs. Putting trailing stop on other half.
p.s. don't like that we stuck here. That might reactivate bears in next sessions.
Trade closed: target reached
closing this idea, switching to the other chart.p.s. closed all longs before the Yellen speach.
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