SPY going down short term followed by new bump trendline

313
SPY neutral candle up top signaling decreasing momentum. Makes sense considering we hit the 0.5 fib level. Buy/sell ratio dropping a bit also showing that buyers want to pump market but there is going to be a significant amount of selling here. Thinking about a drop to the 0.382 ($262) level again followed by a gap up. Wait until after Monday to see if we complete Abandoned Baby candle pattern signaling momentum towards sell side. If the sellers don't win on Monday, I don't see much in the way of reaching the next fib level to $292.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.