SPY: Last week of April

26 apr

Hey everyone!

These are just my thoughts on SPY for next week.
Not advice of course.

Be safe and I hope you all have a great week!

28 apr

Nota

Unfortunately the assessment reveals we are following the bullish path, which means parabolic upside is expected into today with likely a fade out mid week.

Will update as more information becomes available.
As of now I would look for a TP of 560. Sickening, I know.

28 apr

Nota

Not sure how this goes from momentum 100 premarket to 0 but apparently that's a thing now.

Back to Business as usual, 541 haha.

30 apr

Nota

And 541 achieved ✅

We should range from here for the next few days (4 to 5).

As of now my suggestion would be to buy the dip, sell the rip while we consolidate further.
Not real advice though, trade safely and cautiously!