Short S&P
Tactical View
S&P broke out of ascending trendline support (now resistance).
Price has also completed the breakout-pullback-reject move that I always look out for.
Now looking to re-enter shorts around the 3735 resistance level for a short towards the 3600.50 support level.
This is the healthy correction that I've been telling friends and family members about. Long term, market is still within a bullish configuration.
Tactical View
S&P broke out of ascending trendline support (now resistance).
Price has also completed the breakout-pullback-reject move that I always look out for.
Now looking to re-enter shorts around the 3735 resistance level for a short towards the 3600.50 support level.
This is the healthy correction that I've been telling friends and family members about. Long term, market is still within a bullish configuration.
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28