TradingView
RealTima
Feb 9, 2023 5:10 AM

SPX long term view 

S&P 500SP

Description

The chart is self explanatory.

We expect a buyable low in near future for another push-up into Mar high.
The most dangerous time window for this year is May-July
Comments
doctradez
intersting view.. i was thiinking nearly the same, except end of march possibly hitting the lower spectrum
RealTima
@doctradez, I agree, but need to see where do we land by Feb 20th. Then I can calculate the upside target. The most important support is 3885-3900SPX!
doctradez
@RealTima, talk about a full flush then a full run up obv right before cpi. with the runup 0 even if numbers are good i dont see a big move, but something telling me we get a little hot and trap the some longs.. it was just too easy .. pullbacks were nearly non existent.. someone always knows something
RealTima
@doctradez, Just did a big update on our site outlining the CPI move. the new CPI number can cause uncertainty for the markets and very possibly a wrong initial move, which will be reversed into the EOW.
The trading plan is set, you should come and join us, lots of good stuff there
doctradez
@RealTima, agreed with cpi taking in only 1yr instead of 2yrs... less big buys etc. but energy going up.. definitely could be some decent runs and pulls backs.. i do think we see profit taking in the morning, especially if they run the futes up pre market.

I'll check out your site. Ive seen your posts - good stuff. But I am also trying to be wary of info overload - not to mention paying for subs - on a disabled vets salary - it doesnt go very far haha.. (technically I have a medical background, but after all the surgeries etc - no longer could do it safely / stand for so long etc (trauma PA) - so I started teaching myself how to trade... no finance background just jumped in with the school of hard knocks. Unfortunately I got in back in may 2020 - so it was literally pick a ticker and make money. lmao. but still and will continue to learn -- thats why I like and follow a select few of you. keep it up.

edit; btw nice write up on your website!
Sylynt056
what does C mean?
doctradez
@Sylynt056, wave C
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