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Bouraq, going back to the EEM chart, I noticed that you had a bearish opinion on it since other markets were topping. What has changed your opinion to being bullish on it now? Thanks for your wonderful charts and projections. Have a great weekend.
Do u think SPX will reach 1725 in this rally leg or will stall once the gap is filled? Caldaro doesn't even think the gap gets filled. Thanks again for your insights and analysis.
Jeff, I only trade what I see. On the SPX, if the orange resistance breaks down I would short it. If the black resistance is broken up the probability of making a new high increases.
Coming back to EEM, yes I first said bearish but end of this week's rally was very strong and looking at the red channel the support looks quite young to me. Again, I would wait for the triangle to resolve before doing anything on EEM. I first see and then trade. I try not to trade with anticipation. Hope it helps.
Bouraq, going back to the EEM chart, I noticed that you had a bearish opinion on it since other markets were topping. What has changed your opinion to being bullish on it now? Thanks for your wonderful charts and projections. Have a great weekend.
ReplyDeleteDo u think SPX will reach 1725 in this rally leg or will stall once the gap is filled? Caldaro doesn't even think the gap gets filled. Thanks again for your insights and analysis.
ReplyDeleteJeff, I only trade what I see. On the SPX, if the orange resistance breaks down I would short it. If the black resistance is broken up the probability of making a new high increases.
ReplyDeleteComing back to EEM, yes I first said bearish but end of this week's rally was very strong and looking at the red channel the support looks quite young to me. Again, I would wait for the triangle to resolve before doing anything on EEM. I first see and then trade. I try not to trade with anticipation.
Hope it helps.