Looking for 600 points here. SL is about 4% of SPX and R:R is 1:5
DOW, NASDAQ, and SPX all are major Fibos now.
DOW, NASDAQ, and SPX all are major Fibos now.
Trade active
Note
A nice hourly candle is forming for people who could not join the move yet.Note
2515.3 is the endNote
The market will open with a 5% gap downNote
Here is IG Weeknd trading for DOW. Check out market reaction once market closed. It would be interesting.
I think we should see 3% down by the end of Saturday.
90% of the time this weekend trading replicates the market at open on Sunday evening.
ig.com/uk/indices/markets-indices/weekend-wall-street
Have a great weekend friends :) Let's ride it to 2035.
Note
Most likely SPX500 will rise to 2700 or 2750 where bears become more interesting in short selling this market. Watch shorter timeframe chart for any significant reversals around these two key areas for short selling.Note
The market opened with a very strong bearish move. Similarly, OIL is grinding lower and AUDJPY and AUDCHF falling too...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.
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.