Hello,Traders! SPY is going up now And the price has broken A long-term falling trend-line And the breakout is confirmed So It seems that after the Pullback and retest We will see a further Move up Buy! Like, comment and subscribe to boost your trading!
Thanks, great analysis. Massive selling by insiders going on. IMO, market top at 410 then down we go. Overall, market is losing momentum. Tech melt up based on negative earnings and outlook can't go on forever.
Erictaylor
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Downtrending reistance broken. Sideways range still in tack up to 4100 on the ES. Still needs to break that. If we rally to 417/420 without pull back, correction will probaly be unstable. If we pull back at rejextion of 4100 then we will be at risk of not breaking out of the channel. Howver if we can pull back and hold if 395 then we may see a better confirmed retest of downtrendinf reistance. Until 430 is broken, we still have a lower high but scalping the next pull back could be promising.very easily could be disbelief stage, howverr the FOMO picked up on Friday
TopTradingSignals
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What do you think?
TORNADOF5
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@TopTradingSignals, i hope LoL/ holding some shorts then i go long thanks
Massive selling by insiders going on. IMO, market top at 410 then down we go. Overall, market is losing momentum. Tech melt up based on negative earnings and outlook can't go on forever.