SP500 - USA is far away from Europe, but far enough?
Is USA far enough from Ukrain and Europe to ignore the move in European equities so much today?
Let's see how px action developes today after US mkt open. The last bar was a denial and refused to break below 100 WMA and the trend. Slow Stoch is a bit low as well, so we may see some pop up in opening hours, but DMI turned bearish. Something is cooking here. Watch watch watch! Since I think the situation is clearly worrysome in Europe, try to first catch dumb money's buying attempt and sell small ard 1850-1855 range, but keep in mind the real break levels marked on the 4 Hrs chart. Until that is clearly broken, be very cautious, HFT machines love to hunt for stops.
Let's see how px action developes today after US mkt open. The last bar was a denial and refused to break below 100 WMA and the trend. Slow Stoch is a bit low as well, so we may see some pop up in opening hours, but DMI turned bearish. Something is cooking here. Watch watch watch! Since I think the situation is clearly worrysome in Europe, try to first catch dumb money's buying attempt and sell small ard 1850-1855 range, but keep in mind the real break levels marked on the 4 Hrs chart. Until that is clearly broken, be very cautious, HFT machines love to hunt for stops.