.SPX: When the Downward Trend can Halt?
Hello everyone! Today i want to share some trading analysis with you!
1.
MPW Hammer Damage: $S&P 500(.SPX)$
(1) it is about time to examine the CRASHING POWER of Panda Hammer;
(2) ever since I raised that big hammer, SPX dropped in a free fall, selling off more than 950 points in 8 trading sessions, or 16.5%;
(3) the accuracy & severity of this setup is unrivalled.
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2.
Circuit Breaker Watch:
(1) for those who joined the stock market after March 2020, you may observe your first circuit breaker;
(2) from the close yesterday, when I ENTERED SHORT near 5450, the position has more than tripled;
(3) in this type of market, there is simply no limit.
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3.
5200--BINGO! Get there on time; Now, let's see whether SPX can reverse the entire rally of yesterday and retest the low. Quite a high task, but from the overall structure and wave-count, that is possible.
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Seek another way to escape this choppy water!
See another chance to gain profits.
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