S&P 500 IndexLong
Double Lower Top Coming?
Updated
Chart says it better than I can. Moving up from oversold. NFLX put a damper on it but that won't last long imo. Move above 4480 is bullish, eh?
Take a look at Dec 2018 for the pattern. Double top at a lower high after decline from ATH, before the massive selloff.
The projection as shown is for an EW impulse. Might get it, might not. See what we get! No position atm, watchful waiting.
Take a look at Dec 2018 for the pattern. Double top at a lower high after decline from ATH, before the massive selloff.
The projection as shown is for an EW impulse. Might get it, might not. See what we get! No position atm, watchful waiting.
Note
Need to trade with care and watch this closely imo. This breakout could easily be a fakeout.April is the cruelest month...
Note
So cruel... faded... will it lift again? Or just sell more...!Order cancelled
Definitely NOT bullish, NOT going there IMO.Look how the damned thing fell 500 NQ pips open to close in one session. Gonna get a freakin waterfall soon.
NO LONGS!
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