Which type of move we're in is hard to determine at this point, but if we were inside a classic bull trap we'd have to trade down to 5500 - 5400 from this zone.
It'd have to be a wick rejection on the monthly candle.
Which would mean we'd have to dump over 7% in the next 10 days.
These things may or may not happen, but the odds betting on them are awesome.
It'd have to be a wick rejection on the monthly candle.
Which would mean we'd have to dump over 7% in the next 10 days.
These things may or may not happen, but the odds betting on them are awesome.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
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.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
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.