Brukks

SPX ATH Base Case

Long
Brukks Updated   
FOREXCOM:SPX500   S&P 500 Index
I hesitate to post this but just calling a spade a spade. We have some resistance in the next 30-50pts above today's close of ~4500. Not much else to add, no sellers, still too many shorts. We have known that fundamentals have been terrible for months, we always buy bad news and sell good news, unfortunately, I don't see good news coming until EOY. I think I have some unique views on EW and fibs but no one is trading TA, so I won't be doing that either, clearing my charts for now, I will be buying dips and 15m pinbar candles until something breaks - it is the only way i've found to be highly profitable in these meltup structures. Good luck
Comment:
This may still be right haha. Liquidation w5 possible
Comment:
Have I mentioned that the stock market can be very difficult to predict and frustrating to forecast...lol
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