sp500weekly

sp500weekly

Seems like this week is also bullish so I would add to already established long position. There is a possibility of some deeper retracement around Wednesday but overall we are still in bull curve market.

sp500weekly

Just wanted to share these two cycles and how to operate on them. It is rather simple concept and has not much to do with fractals as my weekly forecasts do but still I hope it will be interesting for some traders. Have fun...

sp500weekly

Using fractal/cycle theory I try to predict the curve of sp500. It seems this week should have a bullish tendency so looking to get on long a bit late because US markets were closed Monday so I will wait until Jan 3 night (NY time) to find a good opportunity on price, either price action support or regular bollinger lower band as my entry.