After a brutal day today in the Market. I am seeing a reverse cup and handle form on the 15- and 45-minute frames. There is huge Gap that has yet to be filled in the Liquidity zone at 172 & 171.
It would need to touch or break below $171 in order to close the Gap.
Personally, I would wait for that Gap to close and load up on Call options in Call Debit Spread for those who can't afford call premiums. THIS IS NOT FINANCIAL ADVICE.
I think if closes red tomorrow we could potentially see a Gap down next week Monday. Fib Retracement shows that it will duck down below. Potentially will see another red day tomorrow into next week.
AS ALWAYS THIS IS NOT FINANCIAL ADVICE, I AM A SELF-TAUGHT MARKET ANALYST THIS IS MY OPINION. GODBLESS YOU ALL, JESUS LOVES YOU.
It would need to touch or break below $171 in order to close the Gap.
Personally, I would wait for that Gap to close and load up on Call options in Call Debit Spread for those who can't afford call premiums. THIS IS NOT FINANCIAL ADVICE.
I think if closes red tomorrow we could potentially see a Gap down next week Monday. Fib Retracement shows that it will duck down below. Potentially will see another red day tomorrow into next week.
AS ALWAYS THIS IS NOT FINANCIAL ADVICE, I AM A SELF-TAUGHT MARKET ANALYST THIS IS MY OPINION. GODBLESS YOU ALL, JESUS LOVES YOU.
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