SPX500: Gravitational Reflections (Short Term)
Updated
A contrario. It's a serious matter.
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"Anything Can Happen and Will Happen" - my trading motto.Note
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This is very bullish, but it's also at strong resistance, so I'll be waiting for some clear manifestation of the today's mood. That upper gap on SPY is worth attention too.Note
My strat for today: wait for the SPY gap to be closed and if the bullish move stops at the upper border of the gap I'll start accumulating a short position. Generally, I'll be looking for some kind of range in this zone to take advantage of the extremes. I'm done updating for today. Good luck.
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Plenty of divergences. I'm scaling in for a short swing position. Hedged at 50% just in case.Note
daily chart: Note
75% chance of interest rates being raised in June? The market is not concerned? Lol.Note
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They're gonna say I'm crazy. It's true.
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