[SPX] Fan Take Episode #1: Where Does SPX Go NEXT? You Tell ME!
Comment your take answering this question, please share charts too!
My Take:
Yellow was the 5 year trend, that's a brutally powerful S/R I'm afraid we most likely won't be breaking back above anytime soon.
I expect this one to land right on the green just in time for the election... FORE! B)
Inverse Take:
![[UVXY] What You Think I'm Crazy? I Told You $18.50 Too Low! B)](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
My Take:
Yellow was the 5 year trend, that's a brutally powerful S/R I'm afraid we most likely won't be breaking back above anytime soon.
I expect this one to land right on the green just in time for the election... FORE! B)
Inverse Take:
![[UVXY] What You Think I'm Crazy? I Told You $18.50 Too Low! B)](https://s3.tradingview.com/s/sjQPyF8G_big.png)
Comment:
WOW... ooohhhhh... who could have ever possibly have predicted that one! ;)
Comment:
It did oh so briefly peak above the 5Y trend only to be promptly rejected by the mid-downchannel S/R.
Data analyst with a passion for best fit lines B)
