DailyFX.com retail sentiment reads -1.3144 Short: 1 Long with 57% of retail traders Short the SPX500. For two reasons I am keeping a Long bias for US equities. A) Retail sentiment B) We have not seen a close below the 50 EMA on the W chart.
See callout bubbles. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you.
See callout bubbles. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you.
***If you feel like you've learned something and would like to learn even more, please sign up and support me as a patron at my Patreon page located at Patreon.com/SimpleRenkoTrading***
Thank you for your support!
Thank you for your support!