Monthly and weekly look to remain in bull market unless we close below 3950 cash. Daily has been in pullback mode in bull market. I remain long.
Hmmmm. I'm gonna beg to differ here. I'd close out any long term positions on any rips north of 4400 cash. Trade the inevitable near term spikes in both directions like the regular players here do... but wait for 4110 on the cash SPX before going all gung-ho long--- long term.. We will see that level. Maybe lower. Why piss in the wind? Go to cash and trade near term.
I think we should take out yesterday's low from here. Watching for continuation or a reversal there. Wrong if we start ripping, although we could see some upside movement first regardless...
tried very risky L at open pretty sure it'll come take my BE and go lower before it give me a decent winner but we'll see