Typically here when we have a strong downtrend this type of false breakout will hit the 161 of the bottoming swing and then reverse.
It's subtle, but this slightly missed the 161. I find when this happens the best trade tends to be buying on the 127 spike out and targeting the 220 - 261 fibs.
Fairly tight stops on this. It should not give too much trouble if it's working. If it's trouble, it's probably not working.
It's subtle, but this slightly missed the 161. I find when this happens the best trade tends to be buying on the 127 spike out and targeting the 220 - 261 fibs.
Fairly tight stops on this. It should not give too much trouble if it's working. If it's trouble, it's probably not working.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.