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RHTrading

S&P Next Week Expected Move ($47.25) and Gravity Points

S&P 500 E-mini Futures (CME_MINI:ES1!)  
RHTrading  
CME_MINI:ES1!   S&P 500 E-mini Futures
Trend Analysis SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) NASDAQ 100 CFD QQQ DIA IWM RUSSELL 2000 djt S&P 500 E-Mini Futures
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trendanalysis spy spx ndx qqq dia iwm rut djt es1!
Neutral Call. I think the ' h-Pattern ' we have here will provide a nice bump in price but I think selling pressure will keep the market relatively rangebound especially during next week's shortened 4-day week.

Our Standard Deviation trend lines have been working quite well. I believe we have enough data to call them reliable.

I highlighted in a green circle what was a nice trade setup that I missed. Had a confluence of support there from the Gravity Point, Expected Move, and SD after the completion of a 5-wave move.

Best of luck next week gentlemen and have a nice Memorial Day weekend!

- RH

$SPY SPY $SPX SPX $ES! $ES1! ES1!
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