SPX500. Bullish Cypher?
Bullish cypher on SPX500 which coincides with the Elliott Waves count (posted below).
Fundamentally, SPX500 can fly over the historical maximums even between tomorrow and Monday (08.07.2016 and 11.07.2016 for the records) amid huge capital transfer from EU markets to US markets. Plus, the market will price in that the FED will not hike rates in the next meeting with everybody expecting a very dovish statement.
Fundamentally, SPX500 can fly over the historical maximums even between tomorrow and Monday (08.07.2016 and 11.07.2016 for the records) amid huge capital transfer from EU markets to US markets. Plus, the market will price in that the FED will not hike rates in the next meeting with everybody expecting a very dovish statement.
Note
Now it supposely has to go down =)Note
It wasn´t me on Friday =(Note
Expecting a retrace on Monday, 12th of September, and will short from 2157 level. SL: 2195, TP: 1960Note
Still in play?
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Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
If there is no strategy that has proven itself successful, please do not trade with real money!
Related publications
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.