MMMMM so I was discussing to my members back on the 15th of NOV that if we reach 408 this would be an area where Id start to short.
However many charts have gone from bearish to bullish over night. Not to mention the inverted hammer I caught on Netflix yesterday that signaled its bullish move. But geeeeeze was Powell the man yesterday of what?
But it's one back to reality. The year is almost over and about 90 percent of the time we are bullish the week of thanksgiving and a lot of ppl are wanting this xmas rally. As of right now the ES and SP are fighting the weekly resistance right now and the big wigs are trying there best to put retail traders in positions to get stomped out as we go into witching in December with FOMC on the day on and before a uni believe CPI all in the same week. this will be a big money grab for them.
As always please do not fight against the trend you will lose every single time.
However many charts have gone from bearish to bullish over night. Not to mention the inverted hammer I caught on Netflix yesterday that signaled its bullish move. But geeeeeze was Powell the man yesterday of what?
But it's one back to reality. The year is almost over and about 90 percent of the time we are bullish the week of thanksgiving and a lot of ppl are wanting this xmas rally. As of right now the ES and SP are fighting the weekly resistance right now and the big wigs are trying there best to put retail traders in positions to get stomped out as we go into witching in December with FOMC on the day on and before a uni believe CPI all in the same week. this will be a big money grab for them.
As always please do not fight against the trend you will lose every single time.