SPX bounced exactly at 11 day uptrend line (computers run the show) which means that 1847.67 is the new line to hold, and roughly corresponds with the January high and the 5dma
Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
Well, I can say "dead on my support here on hourly chart of /ES", but did I plan on buying it right at that exact point, "No" fun looking chart unless I act on it. Peace!
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well guess that's it for today. 1st day of month usually is bullish but not March according to the stock trader's almanac. Thank you guys, I'll see you in a few hours.
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