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We are in a symmetrical triangle not a flag on the $SPX IMO...
1302 confirms on the bottom and 1332 on the top
mistapikkles 11 months ago
@mistapikkles Meaning what? We go up to new highs or down to new lows? I don't see any clear direction right now.
reddragonleo 11 months ago
@reddragonleo I'm neutral though my bias is bullish because that is the trend. A break below 1302 will lead to lower prices but not a crash. I still think a low will be made around $SPX 1185 sometime this year (maybe that move is starting now) that will be the time to get long..
So I guess I'm short term neutral to bearish and longer term Bullish.....
mistapikkles 11 months ago