SPDR S&P 500 ETF Trust

5/2 Watchlist + Notes

71
(Short list again today)
SPY - We were bullish going into the week/day if you saw my list last night. Got the upside we wanted early on before retreating back to open price. This shows me that we had a neutral/weak day and can expect neutral/weak movement tomorrow. With FOMC wednesday anything can happen, but I expect one more decent 2-3$ move before Wednesday. Neutral candle on the daily, but it isnt failed, so our uptrend is still technically active until we break today's low

Watchlist:
SQ - Looking to create a compound 3 on the daily if we can break today's low then we target friday's low
U - 3-1 Daily
ARKK - 3-1 Daily
FANG - 2-1 Daily. 50% rule weekly setup. Looking to go long here and create a compound 3 on the weekly

Taking a small break from the super detailed watchlists. They will return soon though. Let's make some money again tomorrow. Cheers

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