On Thursday 3/19/20, our system had identified a bullish signal by $SPX and $NDX after hours. So we posted the following updates for our members.
This signal accurately forecasts the arrival of the big bounce that started on 3/23 for $SPX $NDX $RUT. This is an example of the highly accurate and timely daily updates that our members receive.
Updates 7:02 PM EST - Thursday 3/19/20
The Down Trend is still intact. The true final bottom is not in yet.
However our system has issued a "short-term significant bounce" signal, based on the market internal indicators.
The zone near Support1 is a low-risk setup to do partial entry of small positions that are long $SPX $NDX, such as SPY QQQ TQQQ.
Trade small. Use a tight stop.
If you keep your entry small for now, you can hold it overnight tonight. Beware that dropping below Support1 is quite bearish.
There is now a significant new signal as of 3/27/20.
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