I've been super bearish indices for a while but heading into the 5000 area in SPX I am becoming increasingly bullish.
I think in the extremely bearish setup we bounce to 5500 and if we are actually making a big major top, then it's viable we swipe at the highs a few times.
Liquidity ... and all that.
This could potentially be a long time of choppy action around the topping zone.
If that's going to happen there's epic bear trades coming in the future but to prevent from becoming exhausted as a bear before they happened - you'd be wanting to bank in the rally.
Have plans to pick up an assortment of bets on a new high being made within 3 months somewhere a little under 5100. And picking p spot longs at some point which I can trail stops on and wait to see if the bull trap levels fail.
I do think at the very least the min risk bears have into 5000 is a 10% bull trap. I'd be very careful as a bear now.
I think in the extremely bearish setup we bounce to 5500 and if we are actually making a big major top, then it's viable we swipe at the highs a few times.
Liquidity ... and all that.
This could potentially be a long time of choppy action around the topping zone.
If that's going to happen there's epic bear trades coming in the future but to prevent from becoming exhausted as a bear before they happened - you'd be wanting to bank in the rally.
Have plans to pick up an assortment of bets on a new high being made within 3 months somewhere a little under 5100. And picking p spot longs at some point which I can trail stops on and wait to see if the bull trap levels fail.
I do think at the very least the min risk bears have into 5000 is a 10% bull trap. I'd be very careful as a bear now.
Dagangan aktif
This case has a lot of merit now if we hold 5200. Would predict a new high and then a chop period. One more nice clean swing and then a scalpers market for a while.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
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.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
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.