S&P 500 EndeksiGüncellendi SPX - the bullish alternative
I've updated my idea based on what the RSI and BBands are telling me. Chances are one more move down comes but then we should expect a bounce and it may be quite long - even test the highs if not get higher. There's a lot of problems I'm seeing with the bearish "crash" scenario, so this video explains that as best I can in under 12 minutes.
Good luck!
Good luck!
Not
if we get another low, watch for the small gap on SPX as a possible target. Not
Good morning, premarket has already hit the target area. It's possible it moves down from here or a little higher. Not
larger structure, the 4hr rsi already sufficiently reset to come down again. Not
channel may test the upper boundary, worth a wait. Not
channel still holds with a depressed 15 minute rsi Not
on a micro it looks like a 5 wave structure, watch any bounce and see if it sells and breaks the channel. Not
channel break after bounce Not
be careful, here's another way to draw the channel - and the rsi on small time frames is very low. This may just be a B of an ABC with C up next. Not
Q's gap fill - usually a support Not
ok it's starting to look like this - as I said 4th waves are notoriously chaoppy, so if you trade it, take profits when you get them. This looks best rsi and time-wise.... Not
"choppy"Not
still looks correct. I'm busy rest of the day. WIll update this evening. Have a good day. Not
quick update. nope I was wrong, this is wave 5 down. Support here should be expected but early next week this 5th should be finished. RSI was confusing me, but mid time frames can come down much more. Bounce should be sold by the participants. Not
we ended the day friday with a little pump, so far it looks like this for wave 5 (if that's what it is)
Feragatname
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