SPX's breaking the lowest two point on weekly, little study show

Updated

s. We might need to go down if & only if we stay below the line. We are
kind of setting on top of it right now. With stimulus on the doors !!! No
catalyst so far.

Note

We are sitting on top of the line, no "BEARS" for a real break our what so ever. Fake

bearish break out even put options were cheaper while SPX going down it was

an early waring system telling us that "Market Makers" are not going short !!!.

Therefore if you see Puts going down for several days while SPX going down buy

the dip no questions asked.

Note

Regardless of your way of analysis , no "Bearish" scenario here with breaking the line

Note

Regardless of your way of analysis , no "Bearish" scenario here with out breaking the line.

Note

Still holding the line & about to touch it. Stay nimble we could bounce here for wave
5 "Final wave" of our favored count. Or we could break and crash !!!

samitrading

I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.

****** Past performance is no guarantee of future results***

twitter.com/samitrading1

Also on:

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.