swamp_alligator

Quite obvious support here

SPCFD:SPX   S&P 500 Index
"All the guys in the park buying now."

Will you lay me down?
Make our hearts the only sound
Throw my fears out to the ground
Will you hold me?
Will you serenade me with the song you used to play?
'Til the night turns into day
Will you hold me?

Won't you sing me your sweet lullaby?
Just the sound of your voice is the thing that I need
Won't you sing me your sweet lullaby?
I could fall for the sound of your sweet melody
'Cause I just need your song
Something to sing along
When I'm not feeling strong
I need you to sing me your sweet lullaby
Need the sound of your sweet melody
So sing to me

Lullaby - Paloma Faith, Sigala
Support.. more like a dismal quandary before we dump the 200 dma
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Zoom out. Take a weekly or monthly candle, there is no obvious support untill 2200.
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@matteok, Real supports sometimes are not obvious, let´s see.
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matteok swamp_alligator
@swamp_alligator, well I try to think like a very big whale, I like to think as THE market maker. No way in hell would I buy right now. Worst case scenario this thing can go down to 1400, risk/reward is not there to go long now in my opinion.
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@matteok, My recommendation is neutral above the daily-sma200 and short after it has been really broken (no fake break), adding more once the double bottom has been broken.
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