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Been watching the indices and honestly the strength in SPX right now is something else. We're sitting at all-time highs which is great, but here's the thing—shorting at ATH is just not my play because there's literally no resistance to work with. Better to wait for pullbacks and buy them. That's where the real opportunity is.
AMZN caught my eye breaking out from that range it was stuck in. Long as it holds above that range high, I'm expecting more upside. Again, looking for those dip-buying moments rather than chasing the breakout.
MSFT finally gave me the MSB setup I was waiting for. So now I'm interested in getting long on a dip that gets close to the range low. Good risk-reward there.
GOOGL has been absolutely ripping. The 1-hour trend on this one has been crazy reliable, so I'm using that to time my entries on potential dips.
Overall the vibe is strong but I'm being selective with entries. Dips are your friend in this market. If you're trading these traditional finance assets on-chain, @OstiumLabs is worth checking out for that setup.