What to expect next week:
Scenario 1: It will shoot up and test resistance 465 and overcome it and hit 470s
Scenario 2: It will drop to 438 - 439 and bounce off and resume bullish trend...and toward 470s..
What likely to happen: Scenario 1
What if Scenario 2 happens? I would go long at 438 -439 price range..
In general, the market goes against the mass sentiment. If the mass thinks it will go up, it will likely go down and vice versa.
Don't trust media. Don't trust the Fed. Don't even trust inflation numbers. Don't even trust the VIX.
Market is trying to make money. Anything they offer as important tool for you, it is to go against you.
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Are you a real Christian of fake Christian? Here is what Jesus said to be a real true Christian.
A man’s enemies will be the members of his own household.’ 37Anyone who loves his father or mother more than Me is not worthy of Me; anyone who loves his son or daughter more than Me is not worthy of Me; 38and anyone who does not take up his cross and follow Me is not worthy of Me.
Do you love Jesus more than anyone in your life? If the answer is NO.. you are not a Christian..according to this bible verse. Make sure you pray to Jesus everyday and obey him. Learn to hear his voice and have him guide you everyday. This life is like a penny. You will die sooner or later. Life in heaven is forever.. is like a billion dollars. Invest in billion dollars rather than a penny.
Disclaimer: This is just my opinion. I am not a financial advisor. I live and die for my Lord and Savior Jesus Christ who died for my sins on the cross so I can have life. I was breathing and enjoying life but I was spiritually dead when I didn't know Jesus. Once I woke he was real, my life has forever changed. If you make money, make sure to share with the needy. Make sure you glorify Jesus in every aspect of your life by thanking him by your actions and conduct and not by just words.
Scenario 1: It will shoot up and test resistance 465 and overcome it and hit 470s
Scenario 2: It will drop to 438 - 439 and bounce off and resume bullish trend...and toward 470s..
What likely to happen: Scenario 1
What if Scenario 2 happens? I would go long at 438 -439 price range..
In general, the market goes against the mass sentiment. If the mass thinks it will go up, it will likely go down and vice versa.
Don't trust media. Don't trust the Fed. Don't even trust inflation numbers. Don't even trust the VIX.
Market is trying to make money. Anything they offer as important tool for you, it is to go against you.
_____________________________________________
Are you a real Christian of fake Christian? Here is what Jesus said to be a real true Christian.
A man’s enemies will be the members of his own household.’ 37Anyone who loves his father or mother more than Me is not worthy of Me; anyone who loves his son or daughter more than Me is not worthy of Me; 38and anyone who does not take up his cross and follow Me is not worthy of Me.
Do you love Jesus more than anyone in your life? If the answer is NO.. you are not a Christian..according to this bible verse. Make sure you pray to Jesus everyday and obey him. Learn to hear his voice and have him guide you everyday. This life is like a penny. You will die sooner or later. Life in heaven is forever.. is like a billion dollars. Invest in billion dollars rather than a penny.
Disclaimer: This is just my opinion. I am not a financial advisor. I live and die for my Lord and Savior Jesus Christ who died for my sins on the cross so I can have life. I was breathing and enjoying life but I was spiritually dead when I didn't know Jesus. Once I woke he was real, my life has forever changed. If you make money, make sure to share with the needy. Make sure you glorify Jesus in every aspect of your life by thanking him by your actions and conduct and not by just words.
Comment:
It hit scenario 2. Now look for bullish movement tommorow.
Comment:
Now we are resuming back to 470s
Comment:
Try again tomorrow.. for the second time.. The chart shows it is still bullish.. Watch and see...and wait...
Comment:
Hoping it will hit 436.36 PT before it goes bullish. This will complete the retrace.