I am still on the sideline (From NT 06/15/27)

风行过

I am still on the sideline
June 15, 2017

I sold my long position this morning.

I am on the sideline right now.

Here are the reasons:

    My time model shows from today to 19th, we may have pull back. See here
    There are 4 bearish gaps above. There is not even ONE bullish gap below.

    Strong cluster resistances around 2445 area.

Overall,  I am still bullish on SPX. So I will find the right spots to patiently enter my long positions again IF market pullback to 2420. Of course, the market may continue moving higher from here…in that case I will have no choice but wait another opportunity…this’s just my plan.

风行过

latest update from NT this morning:
2420 become resistance .... 2400 next.

lilitulip

Jennyahwu

风行过 发表于 2017-6-15 08:27 AM
latest update from NT this morning:
2420 become resistance .... 2400 next.

yesterday close so strong, however bear is getting meat with strong heart.

NG_NM

睁大眼睛，摩拳擦掌。

林中行

谢谢分享！！！