SPY
Initial decline of 200DMA 431, down with gaps from 410 down, possibility of reclaim to 375 and maybe gap fills upward, I am skeptical but we will see. Thursdays move was too extreme for me to get a proper measurement off the engulfing candle from my typical pitchfork plots on a longer time frame.
First spot clear would be breaking 370-373-375 and upwards, however it could be wrong but we will see.
First spot clear would be breaking 370-373-375 and upwards, however it could be wrong but we will see.
Nota
Note to be wary of options expiring this week, and it could just be another squeeze on short positions. As usual, its up in the air on long trend, since I only ever do intraday.Nota
However going to 330 is not impossible, into the end of the year, we will see how the channel plots out.Trade fechado: stop atingido
Long invalidatedNota
200DMA has dropped to 411Nota
200 406.08 descending stillTrade fechado: objetivo atingido
Trade is over-all done for me, a lot of flip flopping in my first year of ETFS, but chart came along. So -idea- closed-
Aviso legal
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