We have had a beautiful run and we should not doubt its strength. With a clear shift in market structure we should be looking for longs. Obviously there are some "too easy" areas above what I here identify but thats why I am only scalping those areas. My main focus would be this area which I have highlighted. It contains many special levels that I believe will...
Well it's pretty clear to me we are about to take off. Along with this bullish pattern forming we have bullish divergences forming on higher time frame oscillators. If we look at the SPY and NDX, they both had a bullish retest of the trendline that formed since the decline from ATH's. The majority of macro does seem to be pointing up for the time being. The only...
With sentiment at near record lows, and the capitulation we have seen, we may see the bottom in the next few weeks or so. We have a nice confluence of weekly support levels that coincide with the primary trend.
If the DXY gets rejected from the neckline, we could see a nice rally.