Micro E-mini S&P 500 Index Futures
לונג

SPX Futures estimates of finding a Bottom

52
I think we've already started the accumulation phase of a market turn. I think this COULD in theory lead to a second leg similar to the one that started in the middle of 2020. I still think we're in a large Wyckoff Cycle, and we're about to have buyers drive price toward 6000 before a 45% failure. Then just trade up and down in that same crown top, typical of this pattern. But patterns are only patterns when they are completed. I was bearish until I started to see that there is little selling on these drops, just price plunges from day trading. No commitment either direction.

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.