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But this price action beats the price hovering between 2850 and 2870 forever, with only a 5 or 10 handle move each day--which may actually happen...
Exactly. Any purchase non above around 2720 should mean a person can 1. either profit or 2. minimally, break even. As to what happens after...
Not looking positive for the bulls today intraday. They lost that key 2670 level. But, the price shall return at some point for the bulls in the...
The 4 hour chart is forming an inside bar. We should know tomorrow where the price wants to go--but according to my theory, we are in a buy zone....
It feels like we could be at 2850 right now and people would be thinking the price is high but ok. From that standpoint, the price at 2675 is...
From a broader perspective, the SPX is range bound within a broad range: basically, 2650 to 2800. This suggests that the price favors the bulls.
Step; by step for the bulls. A next key level for today = 2695
There we go. It's 9:17 a.m. PST. The price popped above 2670.
Ok. 2670 at 9:13 a.m.PST is an important level intraday for the bulls
Ok. I averaged in at 2673 SPX. If it collapses more, I shall probably enter long some more. The SPX will go back up, according to my theory....
Yesterday the bulls couldn't close at 2725. And so, it gapped down. But it's in an area that is appetizing for averaging in. The price will...
The SPX couldn't hang on to that 2725 level. But the overall trend continues to be up. If the price collapses--hopefully deeply--I shall average...
The SPX at 2722. The bulls and bears still battling intraday. That 2725 is key for the bulls, I think, today
The Russell 2000 looking bullish intraday
Today, a close 2725 or above would be positive for the bulls
I am still in my long positions. I have to decide whether to exit for profit taking at 1. 2740-2760 range; 2. 2800 test, if that happens; 3....
As everyone is saying, a lot of intraday volatility. But $TICK hitting 600+ at 12:12 p.m. PST. Institutional traders are buying long
Intraday, the Russel 2000 looks bullish
Apparently, the Fed raised the rate by a quarter point. Looks like it might be priced in.
Not much volume at 9:49 PST and 23 million SPY. Hitting 2730 intraday resistance.
