8.18.2024 Weekly Pre-Market Analysis S&P
This is my Weekly Pre-Market Analysis on the S&P>
Right now we are going to wait for market structure to form.
We saw lower highs and higher lows form on Friday after the last bullish move up. So we do not have a clear direction as to which way if may head.
We have a plan for a SHORT position as well as a plan for a LONG position.
We just need to watch the LOWS & HIGHS form on the 15 minute chart, before we even think of getting into a trade.
Right now we are going to wait for market structure to form.
We saw lower highs and higher lows form on Friday after the last bullish move up. So we do not have a clear direction as to which way if may head.
We have a plan for a SHORT position as well as a plan for a LONG position.
We just need to watch the LOWS & HIGHS form on the 15 minute chart, before we even think of getting into a trade.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.