chartwatchers

S&P - BREAKOUT

chartwatchers 업데이트됨   
FX:SPX500   S&P 500 인덱스
69
We broke all this year's high on Friday at the NFP data.
Just one resistance zone in front of us: 2015 May high. 10 points from Friday close.
My suggestion is DO NOT TRY TO SHORT FROM HERE.
Even if it worked at the last 7 times most probably this time it will not.

If we break the 2015 May high there will be a terrible short squeeze I wouldn't be surprised if price rallies to 2300 in a week or 2...

코멘트:
We are at all time highs.
Very exciting.
코멘트:
The problem with breaking to new high is you simply cannot predict when bears will realize that they are in the wrong direction. Once they do all of them wants to exit the trade. So not bulls are buying the dips but bears.... This is coming now I think.
코멘트:
In the night we tested back the breakout of all time highs.
And now we are at new high again.
I think today could be the day when bears starts to panic....
코멘트:
Bears are in trouble...
That's what I was afraid of: no pullback.
코멘트:
Someone told me last week I'M not looking at the big picture.
Now I looked at it:
코멘트:
And I'm more bullish than 3 days ago...
코멘트:
Again:
this is the time to buy .
If you have short this is the time to bite the bullet and close it.
This is not going to be better.
It broke to new highs and running. Breaking almost 2 years of consolidation.
Will there be red candles ?
Yes . There will be. But we are not going to have a flash crash.
The freshly printed billions are flowing into the stock market.
Take a piece of this big cake.
코멘트:
Strong trending move is supported by 10 EMA.
코멘트:
As I'm watching my 3 monitors I have a feeling that today we will have a small down day.
-1% maybe... It could be used for adding or enter into a position at the end of the day.
We will see...
코멘트:
Don't freak out ! Bears will call the end of the world today.
It's just a pullback after 8 days of monster rally...
50 EMA or breakout test.. WHo knows?
It's another adding point for me.
코멘트:
LOL.
It seems USA had lost its faith UK.
The government forced Goldman to buy the index at the premarket.
3 thing is sure on this world:
Death, Taxes and market will not fall before USA elections.
코멘트:
***in the UK***
코멘트:
It's just a guess but I think BOE will not cut today.
In the night the USA futures were pulled up hard.
I think the Govt. wants to have some room for a little falling. They just don't want price to fall below the 2015 May high once we broke above that.
코멘트:
"BOE surprises by leaving key rate unchanged"
No surprise for us.

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