SPX 10 with Fibs

    Posted by steve on 31st of Jul 2020 at 10:32 am

    $SPX - Chart Link

    Hi Steve, can you pls

    Posted by imelhoe on 31st of Jul 2020 at 11:02 am

    Hi Steve, can you pls give us your outlook for qqq for last day of July? do you see it being pulled down more?

    imelhoe - my plan was

    Posted by steve on 31st of Jul 2020 at 11:30 am

    imelhoe - my plan was to fade the open (after big gaps value tends to be on the downside which was supported by negative breadth from the onset).   Intraday you simply have to respect triggers on the time frame you trade.  I'm a TRADER not a FORECASTER - forecasters are worthless.  Trade some individual names instead of the indices which tend to be simpler. I suggest you spend time every night preparing a plan of action in conjunction with YOUR approach to trading.  Then focus on those setups during the trading sessions. 


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