As alluded to back in March, we continue to observe the markets carving out a recovery which saw it make new highs after entering a bear market in a traditional reversal pattern. This was done in record time, condensing 6 years into 6 months; helped mostly by the joint effort of the Fed and record setting stimulus from the Government. What now is ahead will be the...
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Let's see if that money printer can make it rain friends!
Today we are looking to see if the uptrend can continue with the S&P (SPY, SPX, SPX500USD, etc). Longing the uptrend in equities has been profitable recently, let's assume that trend continues and talk about entries, exits,...
Bit money has been moving into these stop options looking for higher prices in the next 10 days!
This stock looks like a solid gamble for higher prices.
Weekly chart breaking will trigger powerful 2-3 week rally.
When the Squeeze momentum starts to get into the negative 20 to 30 range, a major low in the $SPX -3.09% presents itself. There could be a quick plunge down to 2575-2625 area but personally I have already started to scale into longs and will keep on adding on each 0.25% lower.
SSO this stock instrument has broke Major Trend line
Bearish Alert, Confirms this potential new trend
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SSO this stock instrument is testing the major support trend line
Enabled Bullish Alerts Total Up Over +1000 pts
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