Huge risk area for bulls now as indices start to fill major harmonic levels.
SPX has formed a massive bat pattern and Nasdaq is into the PRZ of a massive butterfly pattern.
Major decision level now. Longs would be wise to trail stops tight. If momentum fails it will do so spectacularly.
High RR shorts available in this range (With the caveat prices can spike aggressively if harmonics fail).
SPX has formed a massive bat pattern and Nasdaq is into the PRZ of a massive butterfly pattern.
Major decision level now. Longs would be wise to trail stops tight. If momentum fails it will do so spectacularly.
High RR shorts available in this range (With the caveat prices can spike aggressively if harmonics fail).