Friday, August 11, 2023

Morning Post 08/11/2023 SPX

BLS BS is a real thing. We all know that at this point. 

Good v evil 

On to the lie - 

Minis of 12. Their dip below 4500 round number and price support was a prep for a similar situation with cash in which you have double price and MA support at 4450. So we’re gonna focus more on cash now. MAs and round numbers will be the focus if support fails. I’m still thinking broad consolidation. At this moment I’m not super bearish on price, as for reality - prep harder. 

More to come below. 

Have a great weekend!

GL and GB! 

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