It will be an important week for stock markets, globally. Three weeks ago Black Thursday, last week the start of a V-type reversal. However, it’s not a given that this V-reversal will continue. It may become a W-reversal or it may even invalidate. What are we watching for a confirmation?
Below is the S&P 500 chart.
Good luck taking a trading solely based on this chart. It can go any direction. A trade at this point is like a coin toss.
We need much more information before taking a trade decision, especially short term trades.
The formation currently might look like a V-shaped recovery, but it can morph into a W-reversal or even a crash continuation in the next 2 trading days.
At InvestingHaven we use several indicators to understand (1) what may lie ahead (2) the very precise price levels for this formation to confirm a V, morph into a W or worst case scenario continue crashing.
At this point in time our method indicates that a formation between V and W reversal is the most likely scenario to play out. Our short term portfolio as well as medium term portfolio are positioned accordingly.
With our method we prepared a trade last weekend, and it resulted is a quick 10% profit in our short term portfolio last week. Similarly, in our medium term portfolio we hold 2 very promising positions as well as a bit of cash to play the next trend(s).
Our Trade Alerts portfolio crushed literally every other service out there in this first quarter of the year. In one category we booked 33% profits with 9 trades, in the other category 49% profits with 11 trades. We did beat more than 95% of other services and funds out there, with on average 1 trade per week! The trades are available in the trade log book, we are open and transparent. You are free to join us on our ride from 10k-to-1M by 2026 in our Mission 2026.
