SPX 4510 TEST Before Wed. Reports
After that Bull Trigger Candle confirmation today once we broke the T1 Bull Trigger Price of 4462.5 it looks like we are pulling down to make the wick before the second Bull Candle going up to 4510 before we hit the reports that come out Wednesday. Hopefully we don't reverse and attack it overnight leaving sideways action in the A.M.. Unless your trading Futures, its best to just sit back and wait until open, see the movement and follow the trend. Stepping back and looking at the weekly and daily candles before intraday trading can be the difference you were missing. The larger timeframes tell you what price A and what price B is, the smaller timeframes EVENTUALLY get you between those points. On August 25th before the 3 day ~118 point explosion there was that Bull Trigger Candle confirmation signaled by the 3 hollow candles after the previous Bear and Bull Candles were rejected. Why take any PUT OPTION contracts trading intraday those days or sell to open any position? The Market isn't going against you... It doesn't know you exist... Some people have the Capital to manipulate it... So what. Go with the flow and ride the trend/wave. Don't Predict. React to what you see. Love your family and yourself even more. I'll catch you on the next post my friends! And message me if you want to talk or brainstorm, it's US vs Them.
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