RHTrading

Next Week Expected Move ($60) and Gravity Points

Short
RHTrading Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Last week's bearish call was wrong. Was looking for continuation lower, but trade war rumors and short term oversold indicators caused a bounce. Never short in the hole.
Let's see how this week plays out.

Slowing Growth is unlikely to trough until H1 2020. Recession 2021 barring any extraneous shocks.
According to what the literature that I've read thus far would suggest.


Goodluck next week Gentlemen,
- RH
Comment:
We reached the upper expected move for the week and were firmly rejected from it.

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.