My view for the next 3 weeks. I'm keeping this projection in line with the previously made outlooks.
As always, I'll be betting on the unexpected.
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I was waiting for the 15 min opening range breakout. Nothing happened. I need to leave for an hour now.
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It looks a little bearish.
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This should be a good intraday long entry around here. Small position and stops.
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Wait for the bottom to form up, there's plenty of time to jump on it.
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Two supports there that I'm seeing. I'm not having a good morning here, going to wait. We need a strong curve at the bottom. My earlier scalp failed.
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I'm in a depressed mood today and shouldn't be trading.
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I'm going to accumulate some longs here and leave as a swing till tomorrow. Reason: 4 hr chart. Small position only.
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I'm betting on the SPY going up to retest the bottom of the recent range (about 235.70). At the same time I'm not seeing much buying here. It's a low volume high risk bet.
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Something like this. The line of control is the blue curve line.
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SPY hit 235.52 and that is OK.
S&P 500 (SPX500)

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