Bullish Bat.... The bullish argument for SPX

FX:SPX500   S&P 500 Index

The bullish bat target 1 and 2....

I guess at the same time that target 2 will mark the EW1 up... but 1 thing at a time.

Blue line is support trendline from medio October

We might see the "scary deep tomorrow" back to test (blue) support line and then a huge short squeeze or the banksters have all they need (enough being short) so that they can walk the futures up through the night. The short squeeze will then be "on" from market open That could indeed be a way and reason to get momentum behind the move up.

Fear not

Target reached on bullish bat
+1 Reply
sugardaddyFED PRO WallStScalper
Well done on the trade - by d way any advice on studying harmonics? books or websites? cheers for d advice - reply at your convenience.
Does not surprise me to see BTFD still have faith - pullback to retest blue line would be normal. Do you trade your own post?
WallStScalper PRO sugardaddyFED
Yes I do... Not all but most of them. If I'm not - is due to I'm busy during the trading day. Even though I believe in the harmonic system and helping tools... I still like to have "hands on" Thanks for also making comments here as on Twitter.
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