As the monthly close is 2 days away and the market taking a dive i could see a bounce off of the May close of around 8545. Its worthing noting that bearish patterns are forming (descending triangle) so even if this works out will probobly be a short term opportunity
Trade active:
going smoothly so far 9500 area seems like the most reasonable target
Trade active:
still going smoothly hoping for at least a spike to 9500 over the weekend. if we close the week in that area I may take the triangle off in expectation of a bullish season since that would be the highest monthly close of the year
Trade closed: stop reached:
this one hurt bad, stopped out in the red after being up quite a bit. made up for it by being in a short on the SPX. kinda lost in regards to BTC it initially seemed like a safe haven for the coronavirus because it could eliminate physical money but the market is saying otherwise.