S&P 500 Index
Long
Aktualisiert

The Ying and The Yang

Markets imitate life, life imitates the balance between good and evil.

We walk forward into Q1, current market structure, sentiment and timing.
Anmerkung
Not having a pull back in the last several trading days has started to put us into overbought territory. The correction might come sooner...

Snapshot
Anmerkung
The trend reversal is building and 1 hour resistance has been leading the action.

Snapshot
Anmerkung
Here is the 1 hour resistance that I have been using to make good short entries.

Snapshot
Anmerkung
One 1 hour sell signal has re-materialized from after a double top

Snapshot
Anmerkung
The top continues to build and the Iran news was the catalyst we needed.

Snapshot
Anmerkung
Daily support broke , this usually is a signal

Snapshot
Anmerkung
We tested and held our major trend.

Snapshot
Anmerkung
This market may have just gotten started. I am targeting 3380 for January.
Anmerkung
My initial break out call and prediction are playing out exactly. Sometime you just need to stick with your first call.

Breakout Confirmation

Haftungsausschluss