Hi everyone,
SPX broke out of the flag and oil was down 4 days in row. We are moving higher for now, but as stated in our very long and detailed report from Sunday, we will pay attention to 3 indicators to see if we’re out of the woods or this is just a chance to offload some high-beta positions. Most of our trades did very well, we gave you META including GEX at 750, which we hit in fury yesterday, AMD, and crypto is also seeing strong momentum and it could be the trade into the EOY.
SPX levels
Resistance: 7,815 / 7,900
Support: 7,750 / 7,6888
We took some profits yesterday and we will see how we retest this monster move. CIBR 0.00%↑ is breaking out also now. Give on Sunday and last week. Sometimes you wait for the setups some days until they get to our entry levels and sometimes they fail. Important is to have strict risk management and leave losers fast.
Let’s see some trade updates:
