Hello,Traders! S&P500 went down to retest The horizontal support level And despite my mid-term bearish bias I think a local rebound is possible Buy! Like, comment and subscribe to boost your trading!
I think I'd rather short the pop into key levels. Everyone is thinking this though, so why not expect the unexpected.
SignalProvider
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Nice chart, mate!
AnabelSignals
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Great chart, bro!
T_SOB
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Looking good for a short term rally. Put to call ratios increasing through all three expiration dates this week with max pain PT increasing as well. Highly unlikely MMs plan to pay out on all these puts. Time to trap some bears this week. Downtrend will resume in future weeks.
anothernic
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@T_SOB, Counterpoint is sell volume increasing and MACD selloff showing on weeklies. I do expect a retest of 3700~ but wouldn't be surprised to see 358~ before EOW too. Indecision in the market today was odd, but it still looked like bears were in control.
InkyGrip
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I have similar expectations. I want to see a new bullish impulse