Support bounce? then up up blah blah, not your financial advisor.
Low RSI S&P 500 almost done with wave b (downward) Basing on Fib Retr - we finally hit the 0.68% - most LIKELY the bottom of the wave... 2hr and 4hr Bullish 1hr: still under 200MA - will correct for a bit $$$ this week is moved to a different sector. Once its back to Tech in a week or two. Bullish Wave 1: impulse Wave 2: sharp correction - not sure how long we...
Daily - not confirmed yet as bullish 4hr - Bullish 1hr Crossed RSI in all 1-2-4hour and daily are over my comfort level - short for several days Due to COVID-19, we might see a slight pull back, especially with the increasing numbers again. However, all Airlines seems to start to look good, slowly. This will be short for several days with high RSI in 1hr, then...
1. Bullish in all time frame 2. Recent stats has been good I am still new at TA. Learning using Elliot Waves and Fib. Any constructive criticism is appreciated.