dryanhawley

I look at 10 Bearish ideas published here

Long
FX:SPX500   Indice S&P 500
1
All were Bearish except one, and that one called for a 60 point down move first. Take a look at the DAILY candles, yes there are some hairy tops but they are solid green. The fact that everyone is bearish is a contraindicator for me... Possibly the up move continues... We are above all the EMA's, above the Ichimoku cloud, yes the stochastics are near the top, but in a bull market they are like that... We have also completed 5 waves up and an ABC pattern than ends on the C wave down, maybe we are about to bounce up and go higher... If people can get over what happen in Europe on Friday.

Please check out Kauai Dave Pivot Traders on youtube. www.youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
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