TraderWorkFlow

29-Mar-2019 WHAT Special Day for Market ?

SP:SPX   S&P 500 Index
Today 29-Mar-2019, It is a VERY Important Day for the Market and All Traders Should have pay attention to it.
Some Traders Maybe Still Doesn't understand what i meant of Today Speciality. Let me explain it.
Today is Friday End of Week, and Today Also Last Trading Day in Mar 2019, Also IT IS the Quarter Closing Month for 2019.
Which meant 3 Important Candles besides the day candle - Week, Month, and Quarter Candle Closing Price will be decided after market closed today.
You may wonder why SPX is Zigzaging the Whole Week and the Peak of the Week so far is around 2831-2835. See my other Post for SPX for detail.
Many institutes/Mutual Funds,Gov Funds is having the last Windows Dressing for their porfolio in the past 4 days, and Today is the Final Day for Them.
Week/Month/Quarter Candles is an VERY important Reference for Long Term Investment and All the Institute/Mutual Fund/Gov Fund Will Pay Attention to it and Decide What to do next in longer Term.
Their Action Will definitely affect the sentiment of the overall market.

For Swing Trader/Scalping Trader.
Today Closing price will the key to see if the market has the intention to Go Bull or Bear in April.
As a Traders We should have the Planing ahead of what to do in a new month and position our strategic in ahead.
Wish All A Happy Trading Day and
Always Trade With High Degree of Discipline and Follow Your own TraderWorkFlow. Thank
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