In my view SP500 is cooking a vicious selling opportunity, I am not in the trade yet as I was on a holiday and resting from the charts after an action-packed 8 months of trading...
I only trade one pattern and that is the Contraction pattern... one is cooking on the weekly SP500 chart and I fully expect a repeat of 1937 to start in September this year... so I am eagerly waiting and scouting this index for the next few weeks... when I enter you will know!
Price action has developed 3higher highs connected with a trend line and in reality, I should have entered on that 3rd high... but I missed it, so I am now heading into shorter time frames to locate the best possible entry
I only trade one pattern and that is the Contraction pattern... one is cooking on the weekly SP500 chart and I fully expect a repeat of 1937 to start in September this year... so I am eagerly waiting and scouting this index for the next few weeks... when I enter you will know!
Price action has developed 3higher highs connected with a trend line and in reality, I should have entered on that 3rd high... but I missed it, so I am now heading into shorter time frames to locate the best possible entry