SP 5000 Bullish Setup
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 players. When their orders are filled, the big big rally will begin.
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 players. When their orders are filled, the big big rally will begin.
Not
Price went lower than expected, due to CPI data on Friday. They used that to manipulate price lower. I am still bullish on S&PNot
Keep your eyes out for a buy
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.