Just wait till half of the month, then buy SPX500. Every month, without an exception SPX500 decreases for half of the month, then reaches new high by the end of month.
So, I would suggest to wait till 15th of March.
Wish you a lot of profits
I don't think we need more evidence that there is down trend with GER30 as well as SPX500. I am short on SPX500 and now it is time for GER30.
There will be correction on the price and I will wait for the top to be achieved with this correction. Then, I will go short as well.
Well, it is very clear that there are two dips every month. We are seeing the last one, then the price will go up. And we know that SPX500 tend to go higher at the end of every month. So, my bet is long on SPX500
It is very interesting to see EURUSD consolidating on a daily level. Look for the square, this will help you decide the direction of the price. It is also very strange that the price is not able to make new lows. Price is going down or seems to be down but is not able to make new lows. Let's see what will be the result of this.
After 12 consecutive down days, for the first time the price was not able to break yesterday's lowest price. I will wait a little to see where price will head tomorrow and next week. This is possible in every case, but if we add MACD divergence to this signal, it seems that likely we will see short term price rally above EMA channel. But definitely it is a down...
NZDUSD is on a critical point. It is on the way to form head and shoulders pattern. It is already on the support. Will it break or bounce? The time will tell. If breaks possible downtrend will be consolidated on 0.8410 levels. Then bounce back is another possibility for another shoulder. I am not writing to give any advice. It is only my personal thoughts. I wish...
