Until Magic Line Breaks, Anything is Possible - Even a Green Day
Just don't know what all the doom and gloom is about.
If the magic line of manipulation gets broken, then I will agree that it is all bearish for the foreseeable future.
Until that point, I think it's best to keep an open mind about what could happen considering the Monthly Chart and where the market could close on Tuesday evening.
SPX
If the magic line of manipulation gets broken, then I will agree that it is all bearish for the foreseeable future.
Until that point, I think it's best to keep an open mind about what could happen considering the Monthly Chart and where the market could close on Tuesday evening.
SPXNote
FYI, I am a pig, not a bull. It's just that I was 0-3 on large short plays where it seemed most appropriate to take the bearish side.
Fourth time is not the charm, I do not believe.
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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.