Expect massive drop in stocks in MAY!!!
I hate to wait for this much!!!
I have been expecting to see 2100 for SPX in the first week of April.
That never materialized.
But just check out Monthly candle now, on the first day of May. It beautifully pulling back off the EMAs and on weekly a nice shooting start on the following markets:
AUDJPY
AUDCHF
NZDJPY
NZDCHF
and
STOCKS
There is no sign of strength in OIL too.
This is enough for me to call it the best trade for May, Also there should be a nice gap low on Sunday evening.
Regards,
KHAN
I have been expecting to see 2100 for SPX in the first week of April.
That never materialized.
But just check out Monthly candle now, on the first day of May. It beautifully pulling back off the EMAs and on weekly a nice shooting start on the following markets:
AUDJPY
AUDCHF
NZDJPY
NZDCHF
and
STOCKS
There is no sign of strength in OIL too.
This is enough for me to call it the best trade for May, Also there should be a nice gap low on Sunday evening.
Regards,
KHAN
Note
Hello friends,Nice gap as expected. We might see some bullish move before the bears take control of the market. The reason is that D1 is on EMAs 14 and 21.
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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.