SPX Tariff Relief dips to buy: 5282 ideal, 5100 a Must-Hold zone

10 Apr

Stonks got sold in panic then bought in fomo.
We of the Fib Faith indulge in logical serenity.
We plan and execute calmly and deliberately.

5428-5454 bounce would indicate Strong Bull.
5271-5282 Bounce would be ideal structural dip.
5109-5136 is the Must-Hold or it was a bull trap.

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14 Apr

Dagangan aktif

Red Pill it is

(yellow shaded area is from posting time)

Zoom in (m5)

Got a PIng (exact ricochet) entry on Dashed fib.

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Given the bounce on Dashed (covid fib),

First TP was the sister dashed at 5282 for >3%
Next TP will be the big sister at 5455 for > 6%

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Stop Loss remaining postion:

Just below the support zone, at 5259 exactly.

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Lets hope Monday continues the bull wave.

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14 Apr

Dagangan ditutup: sasaran tercapai

Wham Bham ty Mham

Exited longs upon Ping on our target fib.
Will watch the dip for possible re-entry.

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