Double top, cure for covid, back to normal?
Cure for coronavirus in my opinion means stop pushing up markets by printing money and back to regular valuation.
All bad news so far were turned into new ath, so if there is some logic, a good news about treatment should undo these ups movements.
After being infected by greedy oil virus in my body, which made my all trades pure madness and took lots of last earned profits, I'm going back to make regular setups with using very realiable script Ichimoku + QQE which is available on my profile page.
Summary of all my 32 setups so far made in last 3 weeks. I divided all these setups for three groups. First...
After huge dropdown yesterday, I guess the idea of long position is going back to live, so I am still on long from Setup 28.
BTW blue and yellow lines are finally crossed, so it looks better than yesterday.
Even though in setup 21 I predicted short in long term, that trade was closed with nice profit, in this case I think bulls will try to lift up little bit SP500 and bears are not in hurry to go down, so in short period there can be uptrend for use.