20 hours atom you are suggesting traders to short SP. After a few hours you wrote this article and asking traders to long SP. So, long or short?
jimmy_hongkong
⋅
*ago
CoinedByCrypto
⋅
Well that is completely up to you to decide ONLY Your money your decision!! I can't do that. I present what I see. Market is dynamic and I move with it by presenting what can be a bull argument and a bear argument. Market is at the edge so naturally bulls and bears have some kind of tug of war here. If you want my longer term opinion you have it in my Broken Arrow chart.
The difficult part of trading is timing...if you ask me for certainties... I'm sorry I can only give you probabilities. If you want to go short now and live with the possibility of have a month of pain before the real correction ... it's up to you. I only look at support and resistance for clues.
Best regards @BLawrenceM
KevinT
⋅
If you went short 20 hours ago, you have a decent profit.
KevinT
⋅
So nothing wrong with BLM's analysis.
lenboy
⋅
as things stand we are down for the week and the month so bias at this stage is down
CoinedByCrypto
⋅
Remember always to stay a contrarian trader in the market by looking over at the other side for ...bullish arguments. I do not disagree in your statement but trying say... don't be convinced of bulls resigning nation before they (Central Banks) not breathing any more. They might only have made a power nap when market opened. Best to your trading :)
twitter.com/BLawrenceM/status/610244041503047681
Trend on timeframes up to 30 min:
twitter.com/BLawrenceM/status/610246593133047809