Yesterday afternoon's rally
from SPX 4442.38 Low
was almost certainly a bull trap !
This can be seen clearly on the 3 X Reverse S+P 500 ETF SPXS Chart
which yesterday formed the handle, on a potentially powerful "Cup and Handle Pattern"
The US stock market is now vulnerable.
Perhaps more than one realizes.
This has triggered a "lower price alert signal, in my work.
Traders should use extreme caution today.
SPX Close 9/6/23 4465.47
THE_UNWIND
WOODS OF CONNECTICUT
from SPX 4442.38 Low
was almost certainly a bull trap !
This can be seen clearly on the 3 X Reverse S+P 500 ETF SPXS Chart
which yesterday formed the handle, on a potentially powerful "Cup and Handle Pattern"
The US stock market is now vulnerable.
Perhaps more than one realizes.
This has triggered a "lower price alert signal, in my work.
Traders should use extreme caution today.
SPX Close 9/6/23 4465.47
THE_UNWIND
WOODS OF CONNECTICUT
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。