Will1987

Will1987

supported by uptrend, possible large bull flag

Will1987

Lots of people expected a correction, few foresaw it would unfold like this. Has the market ever crashed in an election year? Not in my knowledge. Trump will do whatever it takes to save the stock market. Fed has more cuts to give. Trillion dollar infrastructure projects to go. As long as Bernie Sanders doesn't win, SPX will make new highs in Trump's 2nd term.

Will1987

Would be a good buy at this level. Chinese e-commerce is not collapsing.

Will1987

With no imminent economic risk either local or global, it's hard to see the LT uptrend broken at this stage. However, it's too early to call this the bottom.

Will1987

Back test broken trend line, down it goes.

Will1987

Pound at support zone, possible short term long to revisit 1.3

Will1987

Go long.

Will1987

Approaching the end of the triangle structure. Upward break could see 1.21. Downside 1.05. Timing-wise, personally I don't expect the USD to strengthen very much before November so I'm biased to the upside. Stick to the charts.

Will1987

Pretty obvious