SPX last chance of bounce before new lows for 2022
Random scenario that could happen
Not having a position yet, will wait and maybe get a setup
punting a long because SPX broke 21 low and we might get a relief
break and reclaim prev ATH and I would long to 25k possibly even higher
got some spot buys at this level and going to fill more at this area, thinking we stick around for a while and hopefully not nuke through
Having almost reached previously Daily demand I think a good bet is to look for a bottom to form in the 22-24k area. Starting this bottom thread and going to update it as PA will mandate.
Switching bias after loss of pivot aiming for 28k and 26.7k on the downside but waiting one last pop before shorting, RR here is not favourable
if 1700 area breaks I would look around 1300 for next bottom candidate. Not trading it just watching
Thinking that is possible to see structure shift to the down side more this year until we could attempt to form a longer term bottom. This is just for context not intended for any type of trading.
SPX intra day long setup that makes sense while favouring upside objectives.
BTC looks like upside objectives are more probable than down side at least as things stand right now.
There is no setup that I would like to take at the moment.
One more fake out to the downside while taking liquidity before a push towards 4300
BTC 30600 must hold otherwise I think 28k will not hold another test
btc scalp long idea not high confidence but makes sense
BTC spot long and I am going to add all the way to range low if necessary.
CPI soon and we will get a direction for SPX for the rest of the week
Looking for another run at the lows this time getting to 28k level, not very confident but judging by legacy markets I think it is not worth staying in longs at the moment
BTC temp bottom might be in, playing a bounce like this