ดัชนี S&P 500
ลดลง

[Long or Short?] March 9 - March 13

126
Hi, guys!

As I told last week, please leave it and rest a bit.
We cannot expect what this market will flow due to the global pandemic situation as COVIC-19.

Before starting, today, I'm going to explain how I read the chart.
To me, there are three points I always focus on (it depends on the week though)
When you see the chart, there are two parallel channels and blue line.

1. Top parallel channel; This channel can give some idea as powerline, support line&heavy pusher line, and forecasting.
It means that every week, this channel's value is growing up because this parallel channel is ascending channel.

2. Blueline; This line is almost the same value since I started to post it. Just a little difference between weeks. Value is 2970-80
I would say that this line is the median value line or average value line; Can say the bottom line of the market.

3. The Bottom parallel channel; it has just one meaning to me. Heavy-support/rock settle line.

That's how I play in the ETF/SPX/Stock market.
It is not as same as others'. Please understand it.

Anyway I am going to give a brief idea of what I'm thinking.
It would be really really fluctuate next week and the following week.
Cannot say anything but, my indicators show that it will be drawing the descending chart with fluctuation; *SHORT*
However, I would not recommend any trading as I told yall at the first phrase.
Please trading safely, and will see you next week.
Have a wonderful week.
Thank you.

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