SPDR S&P 500 ETF TRUST
ืœื•ื ื’

๐Ÿคจ When in Doubt...Find Support, 18th November 2022

๐Ÿ–ผ Daily Technical Picture ๐Ÿ“ˆ

โžค I'm sounding like a Psychologist today. Professional Traders do make use of Psychologists or Coaches to analyse and evaluate their performance as well as for counselling and self-reflection. We amateurs often just mumble to ourselves.

โžค S&P500 gapped lower at open before rebounding to finish near the daily highs. The strong support level at 390 held well. It was a mixed bag for other indices. NASDAQ and Russell 2000 were particularly weak. Although it is a mixed picture, there is less doubt in my mind. I would like to get Bullish here.

โžค I currently have +34% long exposure in the market. Additional exposure is possible if prices move as I expect.The maximum portfolio exposure is +/- 200% on capital, the level of highest conviction.

โžค Conclusion: More action please!
Chart PatternsDAX IndexdjiaS&P 500 E-Mini FuturesTechnical IndicatorsQQQrussell2000S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) stoxx50Trend AnalysisVIX CBOE Volatility Index

๐Ÿ† eToro Popular Investor ๐Ÿ’ฐ

โœ… Copy My Trades @ eToro, etoro.com/people/mrstocky

โœ… Verified Track Record ๐Ÿ“ˆ

Not Investment Advice
ื’ื ืขืœ:

ื›ืชื‘ ื•ื™ืชื•ืจ