SPX A MINDFUL TRADE
Good Morning Everyone,
I hope you are having a great start to the month of November, winter is around the corner :) Great time to get outdoors and gather the little sun we have available for us.
On this trade I believe there is another opportunity to buy in lower. I am looking for a retrace of SPX to go down to 3332.2. SPX had a great run last week during the elections and I believe it needs to consolidate more before getting the energy to move higher. Yes it is currently sitting above its resistance point of 3546.6 however I do not think it has enough energy to stay there.
I sold some of my portfolio yesterday which included stocks like:
LCTX
STRA
ZYNE
I will look at buying more stocks when SPX shows a little more strength in its retrace.
Until then have a wonderful week, happy trading & happy self care!
I hope you are having a great start to the month of November, winter is around the corner :) Great time to get outdoors and gather the little sun we have available for us.
On this trade I believe there is another opportunity to buy in lower. I am looking for a retrace of SPX to go down to 3332.2. SPX had a great run last week during the elections and I believe it needs to consolidate more before getting the energy to move higher. Yes it is currently sitting above its resistance point of 3546.6 however I do not think it has enough energy to stay there.
I sold some of my portfolio yesterday which included stocks like:
LCTX
STRA
ZYNE
I will look at buying more stocks when SPX shows a little more strength in its retrace.
Until then have a wonderful week, happy trading & happy self care!
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.