Rates have been rising for 2 years now.
If you look at the past historically we get a recession once rates get raised a total of 4%. As of right...
I was also called crazy back in February and April when the world was ending and I said SPX would make a higher high and touch 3000.
How about a bounce from 2630's and creating an ascending triangle
3030 long term objective
Call me crazy but unless we take out the low this...
I don't use indicators any more
Haven't for years
I'm trading a squeeze from a stop run under 86.
Where do you get 2% from ?
18 point stop based on 2710 basis
All in long from 2710
Stop is 2692
Trading the ihs setup here
Looking to reverse long at 2710-14 area for a move up to 2820's
No had you scaled out at higher prices you would currently have a higher profit from the original entry
Not too bad for T/A that doesn't work
Supply and demand
Oil fell from the glut supply from all of the new frac methods
2747/48 is IHS objective from 5 min
Once again scaling out would have been more profitable
You know they had to set that bear trap first and make weak bulls puke
Declining oil is an instant tax cut for the economy
DEMTDAYBOYZ tricked them shorties
Notice the thrust off the gap fill at 2685
Depends on all the green bars
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