US500 tf why this wick does anyone know?S&P Index Cash CFD (USD) forum
US500 tf why this wick does anyone know?
SPX all the action pre FOMC
SPX500USD So I have been expecting a sudden reversal all last week and yesterday, it didn't come. I feel I should manage to trade the trend in front of me regardless of my bias. How do you guys cope with this? when you notice a certain bias and it affects your decision making do you have a best practice to clear that up or do you just continue trading but adjust your approach to risk? I reviewed my decisions and I took less long trades I normally would have and missed some huge opportunities I normally would have simply traded. I have to conclude I have a lot of room to improve. What system do you use in these situations? looking for input from experienced traders to share their system for trading when you notice your mind has a strong bias towards a certain direction regardless of the trend.
SPX Market Update: Week of May 5 (I posted this on Sunday—yesterday)
Here’s a look at the probabilities for the week ahead based on historical data:
📉 Monday, May 5 – 42.9% chance of climbing → Not a strong start.
📉 Tuesday, May 6 – 42.9% chance of climbing → Same as Monday, still weak.
📈 Wednesday, May 7 – 61.9% chance of climbing → This looks bullish. Could see a dip early in the week followed by a bounce.
⚖️ Thursday, May 8 – 52.4% chance of climbing → More of a coin toss.
📉 Friday, May 9 – 47.6% chance of climbing → Slightly below average odds.
We’re entering the time of year where trading volume starts to fade. In recent years, Memorial Day weekend has marked the unofficial start of summer, and shortly after, Wall Street tends to slow down — unless a major catalyst shakes things up.
This quiet stretch is often called “the doldrums” — marked by weak volume and dull price action. For traders trying to sell, it can mean thin liquidity and difficulty getting good exits.
That’s also why many summer rallies are short-lived and often followed by pullbacks or corrections.
Stay sharp ⚠️ and manage risk carefully as we move into the summer slowdown.
Will risk assets like
BTCUSD and 
XRPUSD follow suit, or will they decouple this time?
SPX is this thing stuck?SPX I have TP at 5465
