Just my view on that S&P graph this week, we can still trend downwards in the next days. Check the graph below.
Even though I called the bullish divergence starting that leg up I have a really small position since the market is not looking good.
Don´t rush into buying right now, we could reach 52800 before correcting again and opening good entries. That projection is irrelevant if the S&P trend downwards.
Even though I called the bullish divergence starting that leg up I have a really small position since the market is not looking good.
Don´t rush into buying right now, we could reach 52800 before correcting again and opening good entries. That projection is irrelevant if the S&P trend downwards.
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