Good morning traders. Basiclly im still short from yesterday top = 61.8% retrace = 12370.
Our Problem is SPX is keep bumping the 200MA on the 1hr chart. and hold. So daxi stuck here.
2 options on the table. SPX bounce once again. could leed daxi back to 12400.
SPX breaks 200MA down. daxi RED.
watch the fib lines for possibale turn point + the orange pivots as usuall + add killing zone - in bright boxes.
Drive smart !!
Our Problem is SPX is keep bumping the 200MA on the 1hr chart. and hold. So daxi stuck here.
2 options on the table. SPX bounce once again. could leed daxi back to 12400.
SPX breaks 200MA down. daxi RED.
watch the fib lines for possibale turn point + the orange pivots as usuall + add killing zone - in bright boxes.
Drive smart !!
Note
THE spx problemNote
200ma = blue line
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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.