SPX500; Analysis The Long Term Outlook Pre News

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Hey Traders,

After such an extreme rally, is there room for shorts?

We all know there is momentum in buying behind the SPX, but what is the short case?

Well. The thing is, nothing goes up forever without some fall, especially when you are looking at major indexes.

I cover it here.

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Looking short at previous highs.

١١ يناير ٢٠٢٤

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Lock in some gains.

١٢ يناير ٢٠٢٤

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Re Short Bias.

١٥ يناير ٢٠٢٤

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Maintaining shorts at returned areas.

١٦ يناير ٢٠٢٤

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And further maintained on pending swing.

١٨ يناير ٢٠٢٤

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Re shorts.

٢١ يناير ٢٠٢٤

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Maintaining bias again, but note, lack of resistance above prev highs. Just be conservative with entries.

٢٤ يناير ٢٠٢٤

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That means spreading entries, lowering size ^

٢٦ يناير ٢٠٢٤

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Slight PA creeping into markets. Follow RM rules and await catalyst. No overleveraging.