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Cross-sectional point, swing buy setup, this is why the fight is strong here. LL is only answer for bears, bulls will fight hard here to keep the up trend. I like to see the turn down to relief the buying pressure before another push up if we will have a bottom for the market.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
The footprint chart really shows how the bots read the news feed and reacted. No idea why they went as many points as they did, that is deep inside the program.
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If we end the day with negative price action again today, it will be 3rd day in the row to closed with negative price action. the odds of topping short term is very high.
Macro economist will trust Gold and Bonds the safe heaven more than USD. For SPX to move up also is fishy at best.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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Stanley Druckenmiller is back to TV and interview to alarm the big mistake of our FED. This will not work, it will end up enslave the poor financially.
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My comments are for entertainment/educational purpose only. NOT a trade advice.