Gonna close my 1983.5 long somewhere around there. then hopefully get a dip to get back in long. But still looking much higher in the longer term
Would love to see this pullback and hit the hourly trend line drawn from about 1900. I'll exit 1/2 my shorts for a slight profit and see if I get a runner to the downside, if not, back to buying. But I won't buy here. Not enough opportunity in regards to reward and risk to mess with these levels.
I think everyone is short at 1999 whether it be ES or spy. The fact that this is continuing up validates that's
It's funny how people study TA all their lives, then just randomly sell 2,000 for really no reason. As if they know something nobody knows. Then they lose money, say TA is horrible, and find some other "edge".