Please click the link if you like my work.... I use this link to help me graph my trades, they give me a sentiment reading to help make my calls but the technical are all done by me ( that's my work involving calculations ) https://www.sentimenttiming.com/antoemang/15
Today.. the bears came full force into the price area I was looking at 1995 but they pushed it to 1993 BUT BOUNCED OFF THIS LEVEL ( THATS WHY I SAID DON'T PUT ON YOUR SUPER FACE ) ...NOW it gets really tricky..From a technical point of view, we are totally oversold on the daily readings which would be ok to try and graph a trade but THE FED ... will be announcing the RATE HIKE DECISION. This could throw investors and traders on a roller-coaster. However mathematically and the laws that govern the stock market ( THIS IS WHAT I DISCOVERED...I believe that the end result ( hike or not ) will cause the market to push up. I have a few targets that the SPX500 should get to based on my mathematics and laws and that target is around the (2145-2200). But for now I did try to graph something but again just keep an open mind AND AS ALWAYS USE RISK MANAGEMENT ...THIS IS THE KEY TO WINNING THE MARKETS...ALSO BEING CASH IS A POSITION TOO AND SHOULD ALSO BE CONSIDERED.
I will try my to give you guys updates but THESE BILLS ...lol this song describes it perfectly https://www.youtube.com/watch?v=_IrQHeDcMi8