I am sharing the trading plan for the S&P500 I have sent on March 17th, to my newsletter subscribers. I will update this plan today with what I expect in the S&P500 going forward using the Program and Algorithmic Trading rules found in my Trading Method.
‘None of the two scenarios provided last week played out, but the S&P500 kept grinding higher.
We have two possible scenarios moving forward (refer to the above picture):
Scenario 1. Price could just keep grinding higher into the 1,567 area and above.
Scenario 2. Scenario 2. If the Dollar Index has a last leg higher this could push price lower into the 1,539-1,543 area before a bounce into the first target at 1,566 and then a continued move higher into the second target at 1,583..
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