Hello everyone! Today i want to share some trading ideas with you!
1.
$S&P 500(.SPX)$ Now I believe that the entire bearish W-1 has completed yesterday at 5504 for SPX.
Now, it is the sharp and strong rebound W-2. Don't mistake this upward rise for a reborn bullish market. That bull has been dead, since Feb. 19th at 6147.
RIP (2009.3.6 -- 2025.2.19) đđŽđ
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2.
$Cboe Volatility Index(VIX)$ retreat: (1) this is a very reliable sign that the large impulsive downward wave has run its course and now the market is working on a corrective wave. (2) in my reading, this is still a higher degree w-4, most likely a sharp zigzag to get back to 5666 zone
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