Updated

SPX500: Short Term Vision

Just a general outlook of how I see SPX500 moving from here. If you believe in levitation please share your chart, I'll be interested.

Note

The two bullish spikes that we just had this month look more like deviations from the Mean rather than a new direction of travel.

Note

Good probability here that the divergence is about to become a reliable signal. More likely to work rather than not.

Note

Update on 1 hr

Note

and this (4 hr chart)

Note

update on my 1 hr feat from above

Note

friend's reminedr: take profits gradually at fib levels and/or pivots - don't fall in love with the fall, lol

Note

This is where the shorts got trapped yesterday, so I'm covering about 30% of my shorts here, leaving the rest for a multi-day swing position.

Note

retest trend line likely, SPY 15 min

Note

To start with, I expect a full retrace of this entire FOMC hysteria, where it started in the morning on 3/14.

Note

I'm seeing many signals in favor of a short swing position. If you hedge your propositions properly you can't loose. Patience.

Note

UnknownUnicorn292837

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.

UnknownUnicorn292837