EnhancedTrading
Long

S&P 500 Is Still Bullish! What Would Jessie Livermore Do?

SPCFD:SPX   S&P 500 Index
The S&P 500 is still climbing higher even during this pandemic. I do advise that you don't trade this at the current level due to the strong uncertainty in the market. This is simply my perspective on what can happen.

Price has formed a bullish flag and has been range-bound for a couple of weeks now. I do expect an upwards breakout to the 2020 highs again.

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Comments

LOL, Livermore died penniless and intestate... probably an unfortunate comparison; but I suppose his ghost would be shorting now, lol!!

Agree NOT trading is the hardest trade to make, this is a pure crapshoot atm, a gamble scramble. Ty for post!
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EnhancedTrading DaddySawbucks
@DaddySawbucks, LOL. Jessie would probably bet the farm on this one.
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DaddySawbucks EnhancedTrading
@EnhancedTrading, ROFLMAO Absolutely; plunging was his style; when it works it's fantastic, else wipes you out, haha!! GLTA!!
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