SP500: Long
After a nice pullback, SP500 is now ready to push higher to grab liquidity in the pointed area. After 1 Dec a new cycle starts and I expect price to turn bearish and take out the Lows on the
weekly time frame. Be very careful when price is in the liquidity are. DO NOT enter Long in that area. Wait for price to confirm a bearish move..
Trade closed: target reached:
We have now reached the Target area for the SP500 Index. I will be looking for Short setups on various stock Index. If you Trade FX, US dollar will be the strongest Currency.
I expect the Low to be taken out over the next couple of months and into the Year 2023. There will be small Bear Rallys on the way down, Trade carefully..!
I expect the Low to be taken out over the next couple of months and into the Year 2023. There will be small Bear Rallys on the way down, Trade carefully..!