Yes, SP500 is down a lot.
Many indicators show oversold.
But what I see here is nothing more than a natural pullback, which seems to align with the Pitchforks 50% Parallel.
To me this could be a gift from the god to load up a little more. My target is still the Centerline. From there, we will see how the market behave.
#planyourtradeandtradeyourplan
Many indicators show oversold.
But what I see here is nothing more than a natural pullback, which seems to align with the Pitchforks 50% Parallel.
To me this could be a gift from the god to load up a little more. My target is still the Centerline. From there, we will see how the market behave.
#planyourtradeandtradeyourplan
Note
How R u guys & gals doing?Making money? ;-)
It's totally OK to take partial profit or close the position earlier if you have a nice bag of $.
And don't let this one morph into a looser if suddenly price jumps!
Note
Huge pressure.Beware to short into the hole!
We are at the Centerline again. There is a high probability, that the market will bounce north.
Note
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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.