001011001010001110110
Long

38 fibo retracement just to go longer.

FX:SPX500   S&P 500 index of US listed shares
952 18 8
Comment: What happens if the market becomes imbalanced??Trend changes.With tons of bears trapped.Who pay the move since the economy is down? Bears margin calls.Bears magin calls are moving the market now.
Comment: What happens if the market becomes imbalanced??Trend changes.With tons of bears trapped.Who pay the move since the economy is down? Bears margin calls.Bears margin calls are moving the market now.
Comment: We closed a heavy day, we tested our yesterday broken level.Very important that the yesterday breakout was strong and fast .No real rezistence at that level.I consider today just another deep to be bought & hold day .I bought after a big drop to the 1886 level(our prices are 3 points higher)where i suddenly closed all my shorts.We are also suported by 2 weekly green candles+ big Wicks on last two monthly candles.We closed above all pivots Monthly @1926, weekly @1904,daily @1940.Today's drop also suported by 23 fibo level.
Alex, where the support to buy for another rally?
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We closed a heavy day, we tested our yesterday broken level.Very important that the yesterday breakout was strong and fast .No real rezistence at that level.I consider today just another deep to be bought & hold day .I bought after a big drop to the 1886 level(our prices are 3 points higher)where i suddenly closed all my shorts.We are also suported by 2 weekly green candles+ big Wicks on last two monthly candles.We closed above all pivots Monthly @1926, weekly @1904,daily @1940.Today's drop also suported by 23 fibo level.
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wow after changing computer i cant find the chat link. tradingview.com chat seems to be bugged (for free users at least). hopefully any big updates will be posted here on your page. thanks
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Morning Alex, are we heading to 2000 today?
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If we jumped in at 1960, what do u suggest as a SL and TP Alex?
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Hello alex, followed you from investing.com as well.
I like your analysis they seem pretty profitable.
Will be following you as your shadow
Waiting for your next move.
Thank you
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Hi All, Joined in from investing.com thanks to Alex :)
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Wow i just noticed this picture has discussions under it. Feels good to be here. BTW, many gurus and analysts saying we will drop big Friday or next 2 weeks. Makes me think maybe we will drop after ECB, BOJ and FOMC. When the bears been weeded off...
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How are you playing the economic data tomm morning? Do you see any balance shifts happening, or do you see the trend as bullish in the near term?
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I'm only trading near term pure money movements.If there is any trend weakening i will know before it hapens.I'm not Nostradamus ,i'm a guy who use the brain to not be catched on the wrong side.Floor from water didn't worked on me.
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