SPX on shaky ground I'm looking at the S&P 500 coming down during the next few months. Its been in an upward range and approaching key technical short levels. When it down break down from this upwards channel, I would look for a profit target at that dotted price line, which so far have not been retested. Keeping in mind that being long term short requires tight stop losses and moving in to profit as soon as possible.
Upwardstrend
LKCO to go test top againI bought $500 @ 1.74, this morning. It went to 2.11, and was rejected by the .5 fib in the retracement from the initial upwards trend, with the top being the wick of the last breakout's top.
I have a sell set for 200 units at $3 (100 free shares + $100 profit)
As we came back down below $2, this may be a good time to buy, if upward trend continues.
THETA/USDT The future of StreamingTheta Network is the first blockchain related streaming service.
As such and in consideration that streaming replaces the known tv program piece by piece is very bullish.
I see 5$ very easily for this year.
Enjoy the ride and don't be too greedy.
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ps.
Chart explanation:
Green lines are tested support lines.
Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
Cyan line is for volume trendline.
Purple lines are trendlines we take a look at.
Yellow lines are for visual help only.