SPX remains in strong bullish channel
- Price remains in strong bullish channel
- Retail still 80%+ net short
- Many chatters are still pessimistic
We're on the sideline, only doing small scalps in both direction.
Looking to short if price strongly moves out of the bull channel (exuberance)
Or looking to long if price retraces and forms a higher bottom (bull confirmation)
- Retail still 80%+ net short
- Many chatters are still pessimistic
We're on the sideline, only doing small scalps in both direction.
Looking to short if price strongly moves out of the bull channel (exuberance)
Or looking to long if price retraces and forms a higher bottom (bull confirmation)
Komen:
Pretty crazy how strong US markets remain compared to EU. Bull channel not yet broken! lol
