Earning season begins ,SPX gave a negative bias last week.
What will happen if the earnings surprises?
buy next week until the level of wave 'A '(3806) and exit .
If SPX closes above 3806 there will be a sharp rally otherwise,
expect the ferocious C wave down will bring this index to 3130 levels
What will happen if the earnings surprises?
buy next week until the level of wave 'A '(3806) and exit .
If SPX closes above 3806 there will be a sharp rally otherwise,
expect the ferocious C wave down will bring this index to 3130 levels
Note
3918 level should be crossed for further bullishnessTrade closed manually
refer my new postNote
target time may be before 23rd Nov instead of 18th mentioned in the ChartTrade closed: target reached
thank you followersAll long trades are closed, please follow my new posting
MARKET turning point ahead
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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.
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.