Many of you are confused on the recent price action of the market.
When in doubt, zoom out.
Pay attention to the next fib level and pay attention to GOLD & OIL.
Feds only cut rates during market turmoil not during bull runs.
To keep it SHORT and sweet. It doesn't end well for risk assets.
On the other hand, have you seen the prices of cocoa??? Insane!
When in doubt, zoom out.
Pay attention to the next fib level and pay attention to GOLD & OIL.
Feds only cut rates during market turmoil not during bull runs.
To keep it SHORT and sweet. It doesn't end well for risk assets.
On the other hand, have you seen the prices of cocoa??? Insane!
Trade active:
We are approaching extreme highs. It takes months for this to pan out but the end is near. I can't tell you exactly when but it takes time, you'll know exactly when. Its usually when we have 3-5% drops in one day. I am not currently shorting S&P500 at the moment but do not be surprised if it drops on you from these levels. - SPY current price $529.78