Short $SPY this week if we break 440.

18 set 2023

Candlesticks suggest we get a weekly open/gap down to the Open of the first Green Candlestick in the new highlighted box. Should we open at and reject $442.24, expect the low at $440. $440 must hold, otherwise momentum will push us to $435. Should that not hold, Expect $429. Ultimately I'm looking for this bull flag to develop into a run that lasts the next 8 months perhaps. Personally waiting for Quarter 3 Real GDP/GDI ... SPY

12 dic 2023

Trade chiuso: obiettivo raggiunto

We sold off for a bit, into October as well, before a rally to retrace the pullback into Yearly Highs