SPX500 update

FX:SPX500   S&P 500 Index
97 3 6
long term short with target 1825.
the question is about bounce levels.
have two scenario for it - 2052-2058 and 2101.
zone for decision - 2052-2058.
Trade closed manually
I hold similar views and believe we will see 2050 ish on Monday. To keep downside structure in tact, I would prefer not to see 2101 which would be higher than Friday's high of 2073.
julia17 Quantum_Maryland_Capital
Me too, hope not above 2050-2060, let's see.
Agree. And its not entirely out of the question to see parallels between today and 1987..........just wait for the margin calls.
+1 Reply
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