Hey Traders! One of the questions I get the most is, "what's your longer term perspective and plans on the S&P500?"
Well, here it is!
Back in January (in this review video www.youtube.com/watch?v=9Eqd5LZ0... ) Minute 1:00 - 2:00 I mention the "cataclysmically strong support on the SPY at $187 {S&P500 1,867}, mentioned we were still bullish to neutral, looking to buy low sell high - drawing projections into the $213 area on the SPY."
If the market truly does break out of this consolidation / distribution pattern bullish, it's going to prove to be a HUGE bullish run. The traders are Real Life Traders will make A LOT of money. We are still one of the few companies remaining bullish/neutral on the longer term level for the last 2 years.
I've read article after article with sentiment similar to this back in March "I’m still not convinced this ride is for real, the same way I wasn’t convinced in October and November, which turned out to be just another failed rally."
It's not a matter of being right or wrong. What's important is knowing both the long term perspective and the short term perspective. And even more so, it's about each trader creating a specific trading plan and following that plan. Consistency leads to discipline. And discipline leads to profitability.
Thanks for reading traders from around the world. If you have any additional questions, let me know!
Well, here it is!
Back in January (in this review video www.youtube.com/watch?v=9Eqd5LZ0... ) Minute 1:00 - 2:00 I mention the "cataclysmically strong support on the SPY at $187 {S&P500 1,867}, mentioned we were still bullish to neutral, looking to buy low sell high - drawing projections into the $213 area on the SPY."
If the market truly does break out of this consolidation / distribution pattern bullish, it's going to prove to be a HUGE bullish run. The traders are Real Life Traders will make A LOT of money. We are still one of the few companies remaining bullish/neutral on the longer term level for the last 2 years.
I've read article after article with sentiment similar to this back in March "I’m still not convinced this ride is for real, the same way I wasn’t convinced in October and November, which turned out to be just another failed rally."
It's not a matter of being right or wrong. What's important is knowing both the long term perspective and the short term perspective. And even more so, it's about each trader creating a specific trading plan and following that plan. Consistency leads to discipline. And discipline leads to profitability.
Thanks for reading traders from around the world. If you have any additional questions, let me know!
Thanks for helping us Enrich Lives!
