Indice S&P 500Short
[SPX] Some Levels to Watch For Up Here!
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We're currently treading through No Man's Land.
For how long can we dodge the economic mines?
Should we try to charge through? Will we go slow and steady?
What are the mines? And which ones will be on our path?
Our fate is inevitable, only time can tell.
For how long can we dodge the economic mines?
Should we try to charge through? Will we go slow and steady?
What are the mines? And which ones will be on our path?
Our fate is inevitable, only time can tell.
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Local uptrend holding well...Nota
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We're making a run for the bottom of the 6M Peak Channel (purple), basically the time adjusted max rate of growth since March low by climbing an insanely steep 1W uptrend fractal (blue dotted line)... I don't think we'll make it, at least not without some pullbacks, but damn if we can reclaim the 6M Peak Channel and climb to the top, that'll be very impressive and put any max peak around 4.2k.
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Growth fractal breaks nicely...Nota
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Lookout for a break...Nota
Like takin candy from a baby...
Data analyst with a passion for best fit lines B)
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