Advised Trader

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SPX still on sale after a losing idea
www.advisedtrader.com

SPX still on sale after a losing idea

why? because it finally made contact with its long term cyclical support for the 80 day cycle

Derek William Frazier
Dec 15, 2022
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SPX still on sale after a losing idea
www.advisedtrader.com

Support must be shown here on SPY 0.00 into Monday or the market faces a huge risk of rout to the downside.

2% loss from 400 down to 393 today was exploratory.

Its time to consider another long…

soon

Have a good weekend
Derek

EDIT AFTER FRIDAY’s CLOSE:

Nothing but shorts for me today. No swing longs except for one idea to take TSLA 0.00 long on Monday open above 152.50

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SPX still on sale after a losing idea
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