A bounce off the Channel and the Dovish FED Long

SP:SPX1M

S&P 500SP

Description

⋅ Dec 17, 2018 8:21 PM

Mr. Powell will talk us down easy...

Chart Patterns

Comments

Steefoo

⋅ Dec 17, 2018 9:10 PM

I concur. The level of panic reached. Now FED would easily calm the party down only to create a big bull trap before all goes straight down. Thank you for the analysis.