Update to:
4250 broke. Low broke. Sharp correction in.
Now positioning for a potential big bear break.
4250 broke. Low broke. Sharp correction in.
Now positioning for a potential big bear break.
הערה
We're approaching the moment of truth. Let's see how things go.
עסקה פעילה
4120 has potential to be a massive support or a huge failure level. Stops trailed to 4133 - 4143 now on accumulated shorts. Swings above the last high.
הערה
The week closed 4120. A critical level I highlighted as pivotal in 2021 before we first hit it. I suspect the 4120 decision will ultimately dictate the direction of the monthly trend.
הערה
Would much prefer gap up and early rally on Asia open to 4145 for positioning. Closing on support usually means a gap.
If nothing bad happens over weekend gap up is more likely.
Bad news and we might see a big chart news supported gap break. Those are nasty. 3800 could follow that.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
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.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
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.