This market has been in a 4 1/2 month decline.
Traditionally this market moves inversely to the SPX. Although...not so much recently.
Technically this looks like it's set up for a good risk reward trade.
This scenario fits into my expected correction in the ES in the near term. See my posted SPX idea linked below..
Traditionally this market moves inversely to the SPX. Although...not so much recently.
Technically this looks like it's set up for a good risk reward trade.
This scenario fits into my expected correction in the ES in the near term. See my posted SPX idea linked below..
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Related publications
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.