I like your charts, very accurate. There are many jumping the gun by shorting here. I think it's very possible they push this up to 940 by Friday afternoon setting up a very nice shorting opportunity over the weekend. We'll see.
Thanks :)SPX must find support at 880, where it's the bottom of the channel. It they can't hold that, then ST Top would be in at the 930 double Top.Check the DJT, which was the first making new highs for the rally, and now the one that is getting hammered harder.
In red, 200 DMA.
I like your charts, very accurate. There are many jumping the gun by shorting here. I think it's very possible they push this up to 940 by Friday afternoon setting up a very nice shorting opportunity over the weekend. We'll see.
ReplyDeleteThanks :)
ReplyDeleteSPX must find support at 880, where it's the bottom of the channel. It they can't hold that, then ST Top would be in at the 930 double Top.
Check the DJT, which was the first making new highs for the rally, and now the one that is getting hammered harder.