truthreveller

SPX bounce on 2734-2738?

Long
truthreveller Aggiornato   
SP:SPX   Indice S&P 500
SPX bounce on 2734-2738 until March 21st?

Looks like if 2734 is retested and holds then SPX will make another run 2800 until March 21st.

Ironically we had this same 40-60 point bounce last Friday March 9th.
Commento:
If 2734 breaks then down to 2700 and 2715 becomes resistance again. I feel like algos are targeting March 21st fed meeting and in holding pattern until then. Will read notes release on 21st then tank.
Commento:
This is a short term trade of 4 days. My next idea is SPX short until end of March to beginning of April.
Commento:
This ideas was not invalidated yet, but this short term 3 day long play is not looking good.

Market closed with gravestone doji, straight down in last few minutes. I am sure it will break 2734 on Monday or Tuesday. The market is not going to wait for the fed meeting to start correcting.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.