S&P up 64.
On top of 30 yesterday.
The System.
I don't think we are getting more than another 20 or so points on S&P until we hit MAJOR resistance so I started taking profits and will sell ito this MELT UP!
I think the market will fail at major resistance that Blue 50 sma.
Conversation
What time frame. I was under the impression the 30min chart, we puts us above the 50 sma and 10 sma? Are you looking at the daily 50 SMA as the chart for reaistance?
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This looks like the daily to me. Makes sense we bust through the short time frame resistance only to hit the larger time frame resistance.
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This is why I’m here. Nobody is making these kinda calls on the market.
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