contact67999

contact67999

Expect a deep bullback after the high is taken, then a strong rally.

contact67999 Updated 

We have a gap to fill today, so I am looking for a buy opportunity around these levels.

contact67999 Updated 

I'm still bullish on S&P 500. I was expecting this pullback to equilibrate some imbalances. It might go lower, to 3950 or so. Question is what was happening in the consolidation we had in the last 10 days. Many say that was a Wyckoff distribution, but I don't agree. I think big buyers stopped buying and now they are collecting orders from the smaller market...

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We have a bullish change of character for the S&P 500 in a long long time. I'm expecting a retracement to one of the green levels pictured then a strong rally in the following days.

contact67999

We expect a re-equilibration of the price to the downside. I will be short on the AM session with a few partials on the way.

contact67999 Updated 

I am waiting for this setup to form, with a buy confirmation at around 3990. I am not sure if the yesterday low will be taken out since there is a divergence btw US100 and US500, so I will wait for a confirmation before going long.

contact67999 Updated 

My trade setup waiting to form today. I expect a drop to 4090 value to mitigate the last imbalance there, then a powerful rally up.

contact67999 Updated 

US500 idea for 5/5/2022 S&P will drop into the fair value gap then bounce to take the previous day high.