wolffarchitecture

SPX500 ... IF NEW HIGH is REACHED, I WILL BUY THE DIP

Long
OANDA:SPX500USD   S&P 500 Index
NIKKEI IS HIGHER, many DOLLAR PAIRS look like they have completed their CORRECTIONS. ...
Therefore DOLLAR MID-TERM Flat to LOWER. ... BULLISH SPX500 track SLIGHTLY MORE likely than BEARISH LOWER tracks
THEREFORE I am preparing to CAREFULLY BUY THE DIP, (with reduced allocations of 50% ) if The OPPORTUNITY arises.
Comment:
The Price-Action Must REACH a NEW HIGH FIRST, OTHERWISE LOWER TRACKS still IN PLAY
Comment:
THE LOWER tracks are the BEARISH TRACKS I ILLUSTRATED in a previous POST
Comment:
PERSONALLY I am EXTREMELY SUSPECT of this PRICE-ACTION
NOT sure I will do anything
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