How far out? We are entering worst performing month of the year historically even if you are discounting all of the other distractions. Just curious. I agree but I'm looking more towards EOY.
Bull did show up in the last minute, got to love days where you entered a trade and it pop immediately which give you room to trail your trade and really let profit run. 5432 good level but still think we have some room to go today maybe 5445. Not a day to be picking a top tho.
Algo done @7:45 PT: 5 trades for 29 ticks, 4 win, 1 loss. So today going to test connection roll overs while flat ( CGQ-Optimus-Ironbeam and IB)
SPX will likely stay within the last four weeks’ range until EOY. Upside bid into the next Fed meeting with possibly a marginal new high on rate-cut news, then dump back to lows into the election on “recession fears”. Final low put in within one week either side of the election.
ss 5449 here 10 point stop fighting a monster bull here so likely get beat up fast lol. But giving it a go