top of page
Search

Sp500

Be careful around 21-22 March

There is a convergence of harmonic levels between 5230 and 5161 with current price just on the upper band . If you are already long the Index it may be a good time to take profits but I would be cautious about taking longs around this date . There are two things that could happen. If 21-22st Mar turns out to be Top we could be down till Apr 3rd so keep a close watch on price holding below the 21st - 22nd . If this point gets taken out and we trade above 21-22 we could be up till Apr 6th so the next two bars should tell us how the market is setting up and if its going to move lower so be careful around this timeframe as it could be a trigger point for reaction.




86 views0 comments

Recent Posts

See All

Are you viewing this material for free ?

Thankyou to all the paid subscribers of recent weeks your support is appreciated but it has come to my attention that there may be past subscribers or members of the public that are able to view and r

SP500 July 1st - 8th Top

Just making a quick note - more calculations and research is required to try and narrow the timeframe down but be careful around this one week time window especially if you are already long and we hav

Comments


Post: Blog2_Post
bottom of page