Trading Ideas| Last Kiss of 5500

MasterWU
05-01

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

1.

Option Two: $S&P 500(.SPX)$

(1) I laid out 2 options for MPW subs in Bamboo --based on what happened today & futures, I believe option 2 is the correct path forward.

(2) on 4/26, I drew a blue square as potential target box for the rally, now, SPX future rose inside it. THAT IS IT!

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2.

MPW Mid-Week Update Posted:

(1) fast-paced moves on both directions--a typical character of a bear market at its early stage.

(2) the whip-saw creates a false sense of security, as if you won't lose much if you can hold your position.

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3.

LAST Kiss of 5500:

(1) Those dip-buyers over the last few sessions were caught with their pants down at the open; however, their delusional habit will misguide them into another trap: retouch 5500.

(2) will re-enter short if it gets there, as the low at at 5433 is NOT the low.

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