The bullish run of the S&P is really hard to believe. From the low of 4100, it has posted a return of close to 20% over the last 3 months.
The market will always have correction, so we need to understand what is the best place to take a counter trend.
There is a big pattern to sell at the current price, but the stop loss needs to be above 5000.
The risk to reward is really good aiming for 4290.
Let's hope the pattern holds and the market will correct for more buying opportunity.
The market will always have correction, so we need to understand what is the best place to take a counter trend.
There is a big pattern to sell at the current price, but the stop loss needs to be above 5000.
The risk to reward is really good aiming for 4290.
Let's hope the pattern holds and the market will correct for more buying opportunity.