I think the SPX structure is more prone to bearishness. There is a structure that will probably move quickly in one direction. I don't think a good structure has been formed for a bottom. And the rise does not seem very strong. For this reason, I expect an increase after the first fall.
Since this situation will probably reflect on crypto, my bearish contracts are still in place. But I am thinking of buying a bullish contract until the FOMC time.
Since this situation will probably reflect on crypto, my bearish contracts are still in place. But I am thinking of buying a bullish contract until the FOMC time.
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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.