If it looks like a duck,
If it walks like a duck...
Quacks like a duck...
Yes the macro is bearish
But macro is a product of smart money, just like the news
This chart is bullish
We have already rejected the 50% retrace and this was done with time and price squared as I've shown you previously
We are now testing the 0.382 fib support
But moreover, all...
Greetings Traders
Here we have the SPX chart with an Andrews Pitchfork off the three most recent monthly pivots, up to the ATH
We also have a fib retracement
I have scaled the chart
We can see price is currently consolidating after having completed a 50% retracement from the ath.
Time has been squared with price for the duration of the move.
We are...