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TRIGGER TRADES?May 25, 2025 at 04:45 am
As expected, $SPX pulled back to the Daily FVG, 200DMA & 23.6% retrace at 5762-5691, which should act as support. I lean the 4th is near completion, if not already complete, to then rally to new all time highs for the 5th wave from this 5762-5691 support zone. If so, we should
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SamoanTrader??May 25, 2025 at 01:50 am
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HeisenbergMay 24, 2025 at 05:17 am
Next week will be interesting on a technical basis. $SPX is back to red ytd. Also tested the all important 200dma today and bulls barely hung on, for now. Usually price doesn’t like to just sit around the 200 day. After going up 17 of last 20 days in a rip roaring unabated V -
Sven HenrichMay 24, 2025 at 04:12 am
In the video above I highlighted the weekly 20MA as one of the key bull/bear control pivots. Today $SPX backtested the weekly 20MA and so far it has held as support. Next couple of weeks likely key for confirmation either way. For full context see the discussion above.
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