Trend: Daily/Weekly/Monthly: Up/Up/Up
#SPX at ATH; nobody can call a top, but YET, my most probable scenario is a drop - just for fun. What will be the trigger? I don't know. I need a sell from Globex open for it to happen.
3 scenarios:
1) Globex open, Powell's speech cause the rally to 4171-77 before a sell off in US session to end the day and we move down lower rest of week, to 3987-97.
2) Globex open and sell, we find support at 4077-99, before ending the week higher at 4171-77.
3) Globex open, gap up to some new highs 4135, but sold off, Powell's speech, cause further selling, we range mid of week, before ending at 3987-97.
3) is my most probable scenario to kill everyone.
#SPX at ATH; nobody can call a top, but YET, my most probable scenario is a drop - just for fun. What will be the trigger? I don't know. I need a sell from Globex open for it to happen.
3 scenarios:
1) Globex open, Powell's speech cause the rally to 4171-77 before a sell off in US session to end the day and we move down lower rest of week, to 3987-97.
2) Globex open and sell, we find support at 4077-99, before ending the week higher at 4171-77.
3) Globex open, gap up to some new highs 4135, but sold off, Powell's speech, cause further selling, we range mid of week, before ending at 3987-97.
3) is my most probable scenario to kill everyone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.