Rocketman

S&P 500 and Mr. Pacman

FX:SPX500   S&P 500 Index
156 3 5
Mr. Pacman shows up on the S&p 500             . Will he chomp down on US Equities, trapping the longs, or will he get his teeth knocked out?

If the 1 hour trendline breaks, the longs will be in for a wake-up call.
Comment:
snapshot
SO what is your perception on this.........for today
where ,it can go.......?
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Rocketman sushil6002
Here ya go:
snapshot
Reply
Rocketman sushil6002
See that? What is the point of shorting when it still is intact? Draw it on your chart and wait to see if it stays in place or breaks. Also, when it breaks that red trendline, then don't jump in. Wait for the reaction, like a fisherman.
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