ES - Opinion on Near Term Direction
Here is my current expectation on direction for the S&P.
The short term path will involve more deceptive corrective moves.
The take away idea I intend to convey is that I'm expecting the down sloping trendline to be taken out leading to a sustained move up.
This will provide a good opportunity on the long side. Be prepared to get long for a few months.
The short term path will involve more deceptive corrective moves.
The take away idea I intend to convey is that I'm expecting the down sloping trendline to be taken out leading to a sustained move up.
This will provide a good opportunity on the long side. Be prepared to get long for a few months.
Note
Could be a rocky road ahead....
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.