SPY broke down the Weekly demand line and now looking to break the Monthly demand.
Looking to possibly test the bottome weekly trendline.
Possibly a 530 price target and if weakness continues, possibly below more to 520 then 510.46 to fully retest that bottom trendline.
The market has bene crazy, people calling bottom, wanting to catch the reversal. I mean, I would want to catch this “V” up too, but have to see if it keeps trending down to the bottom trendline.
LMK what you think and if you have any TA, tag me!
*Not FA
Looking to possibly test the bottome weekly trendline.
Possibly a 530 price target and if weakness continues, possibly below more to 520 then 510.46 to fully retest that bottom trendline.
The market has bene crazy, people calling bottom, wanting to catch the reversal. I mean, I would want to catch this “V” up too, but have to see if it keeps trending down to the bottom trendline.
LMK what you think and if you have any TA, tag me!
*Not FA
Operación cerrada: objetivo alcanzado
UPDATE: L F G‼️💥 I will need to chart more often to not only keep track of my TA and journal, but to help me be more disciplined my trades. So happy this played out! Target hit levels! All the way past 510 to retest, or closely retest that lower level trendline 😮💨
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.