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Strategies & Market Trends : Humble1 and Swing Trading Friends

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From: humble111/28/2023 3:37:12 AM
1 Recommendation

Recommended By
rdkflorida2

   of 41091
 
The next big H1 dates are 12/28/23 and 1/2/24. Close enough with the three holidays in between. Atsn, I am looking for a tradable HIGH. As always, market patterns will rule as we get closer. The charts continue to look positive. (There is an outside chance SPX will print very near SPX 5000 with 4550 being the half way point. This would make the long->short swing trade tempting.)

The chop at the top of the rally continues to work off the overbought metrics.

Message 34252966

“On Thursday, Wall Streets will be closely watching the government’s October data on the Federal Reserve’s preferred measure of inflation. Economists expect that measure to continue easing, as it has been since the middle of 2022.“
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