SPX500 needs a correction
Updated
It has been a long bull run without real correction. On 30min chart, now we have a short signal, so expecting a pullback.
At this time, nobody can really predict whether it's a real correction or it's only a test and will continue to rise.
However, there's never a market being in one direction for ever. I would at least stay away bull for a while.
At this time, nobody can really predict whether it's a real correction or it's only a test and will continue to rise.
However, there's never a market being in one direction for ever. I would at least stay away bull for a while.
Trade closed: stop reached
Again, bear is disappointed. Very strong momentum at the end of day.30min back to bull again. Bear has to wait to get another signal
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