.SPX: What's the Next Direction?

MasterWU
03-24

Hello everyone! Today i want to share some trading analysis with you!

1.

MPW Bamboo Scroll #164 Posted:

(1) yes, it is cooking--up until the bears have doubts of their short position--sometime next week.

(2) I reviewed BTC & Mag-7 for its short- to long-term chart, and they confirm my take of broader market.

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2.

$S&P 500(.SPX)$ 5638--the mark for a Green or Red weekly candle. Now, it is a few points above this line, let's see how bulls and bears settle for this week. No position, 100% cash.

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3.

$S&P 500(.SPX)$ Quarantined by multiple POWERFUL trendlines--no breakthrough whatsoever, just chopping inside a tiny zone, like a trapped animal trying to find a way out. That breakout looks postponed to next week, when the turning window comes later. That said, next hour may be wild.

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Macro Trend
Monetary policy, various types of price indices... Here is everything about the macro economy!
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