SPX 500 - Hundred points
Updated
... and if oil goes stocks can go up too.
The crash didn't come this year either. I was successfully shorting short term the stock market, playing TVIX and SPX shorts.
The cycles are still working very well here and the system says we have a DCL in place.
I think S&P will run to or above 3000 in the following few weeks.
RSI , Slow Stoch, Stoch RSI are turning up from the oversold territory after price tagged the 200 SMA . The indicators have the setup as they have on
- Jun 3
- Aug 6
and we are slowly entering the holiday buying season too.
I will exit the positions when the indicators are getting overbought again , or if we break to new highs.
The crash didn't come this year either. I was successfully shorting short term the stock market, playing TVIX and SPX shorts.
The cycles are still working very well here and the system says we have a DCL in place.
I think S&P will run to or above 3000 in the following few weeks.
RSI , Slow Stoch, Stoch RSI are turning up from the oversold territory after price tagged the 200 SMA . The indicators have the setup as they have on
- Jun 3
- Aug 6
and we are slowly entering the holiday buying season too.
I will exit the positions when the indicators are getting overbought again , or if we break to new highs.
Note
We are going to have a long day on Friday.Trump And Liu He are going to meet on Friday 14:45 EST. That’s 20:45 Berlin time. I guess it will last no longer than 2 hrs. So the announcement will be in the last 2 hrs of the trading : between 21 and 23 Berlin time.(15 :00 and 17 :00 EST)
Note
I might not close the trade at 3021.Note
We are getting close to the level of 3020. I’m still not sure if I close the trade or wait if we break out.
Note
At this point I’m not closing the position. It might be an epic breakout.
Note
nasdaq new high:Note
S&P new high:Trade closed manually
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