S&P 500 are now Bullish again, and Im in the trade again. Put some fib on the chart to see what the next target may be.
Waiting for an small pull-back, before further rally. Waiting and loading my gun.
Have to see USOIL brake resistance before short. Dont believe it falls hard because there are buying power in the market + positiv US leading indicators. Preparing to be bullish instead.
Price has test the resitance in upper channal. Smal risk for shorting.
SPY close to desending support. High risk to go long, be instead ready for short position. VIX almost at low level.
I believe that TWRT has some room to go bullish. Buying 500 shares
Still some space for be bullish on SPY, but testing important levels. VIX still bearish, but the fear idex could turn bullish at no time. Be aware.
VIX testing 14 area, but there are still target down to 11,50 area. Still less fear in the market right now, but be aware. It could soon turn. SPX/SPY meet soon important restitance.
After divergence, an rally to 2000, meeting resistance, then bearish for testing support on RSI, then bullish for breaking through 2000 for an test on the green support line.
VIX is bullish and growing. This support my earlier trading idea by shorting S&P 500 and negative macro indicators.
S&P 500 has an short bias. Supported by negative macro indicators value. PMI, NMI, employment ... etc.
Breaking the support of the cloud, and moving higher