SPX - Thursday 5/22 should decide move
Mis à jour
Evening traders,
We're in a tight range and wanted to point couple of things I see out.
Firstly, we have a sloppy upward sloping H&S forming on the daily, additionally, there is another sloppy inverted H&S on the hourly targeting 2890.
MACD is about to tick positive, Stoch RSI is neutral, and it's trading in between the 5/10 MA's
Move should be tomorrow, I'm currently all cash except for a few google puts
Daily and weekly support further downside, and any upside movement should be capped at 2890.
As always, hit that like and follow button!
We're in a tight range and wanted to point couple of things I see out.
Firstly, we have a sloppy upward sloping H&S forming on the daily, additionally, there is another sloppy inverted H&S on the hourly targeting 2890.
MACD is about to tick positive, Stoch RSI is neutral, and it's trading in between the 5/10 MA's
Move should be tomorrow, I'm currently all cash except for a few google puts
Daily and weekly support further downside, and any upside movement should be capped at 2890.
As always, hit that like and follow button!
Note
OILS down as well, can follow wti, it normally leads indexesNote
2820 failure will lead to 2789; googl puts held overnight should be 5-6x at open and will likely be 10x if googl hits 1120Note
Looking for rejection at 2842-2846, can enter shorts in this area for a LLTrade fermée: cible de profit atteinte
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Twitter: twitter.com/Jedi_ant
Twitter: twitter.com/Jedi_ant
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