TLDR...or TLDW ;)
If SPX holds above the 20 EMA and reclaims that short-term uptrend, this could have been just be another orderly pullback in a rising market.
If it crosses back under the 20 EMA and closes below, I’d watch for a move toward the 50 SMA (about 6,255).
My stocks, the indices (Dow, Nasdaq, SPX), were met with buyers midday, and even if we roll over, that is expected.
My hourly charts on my trading list do show potential setups for my retest strategy (similar to how you'd trade a pullback on a run up), and I'd like to see the market follow through with weakness as a whole.
So we wait.
Cheers,
Emanuela
If SPX holds above the 20 EMA and reclaims that short-term uptrend, this could have been just be another orderly pullback in a rising market.
If it crosses back under the 20 EMA and closes below, I’d watch for a move toward the 50 SMA (about 6,255).
My stocks, the indices (Dow, Nasdaq, SPX), were met with buyers midday, and even if we roll over, that is expected.
My hourly charts on my trading list do show potential setups for my retest strategy (similar to how you'd trade a pullback on a run up), and I'd like to see the market follow through with weakness as a whole.
So we wait.
Cheers,
Emanuela
トレード稼働中
Buyers are not relenting this morning, stepping in each time the price tries to go down. But they are not rushing in either. Both indices and my stocks (my trading list) are flat, signaling indecision.BTW, the video above is for SPX not UPST, it's marked incorrectly.
トレード終了: 利益確定目標に到達
Friday's momentum could be the start of another leg up, closing this for now. Cheers!
Emanuela | thetraderreset.com
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Emanuela | thetraderreset.com
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。