SPY Many Notes
Hey all! Just wanted to give some insight to the SPY for a chance.
We definitely are following an Elliot Wave pattern pretty closely and even with tensions US China wise, we are still in Bull Territory.
Will it correct soon? We'll have to see if there is a resurgence vs. if there is a vaccine before that occurs.
Tuesday will show an area of short Call territory before we really find out which direction SPY will go as it wedges into Holiday territory and Summer positivity.
There's also some good info on 2018 comparatively when looking at both crashes and their recovery time. On this chart you'll see that 70 days is my estimate on recovery based on average crash data.
Robinhood and a lot of consumer level trading apps have been helping Bulls really push the market up along with the Fed. Why wouldn't you put your stimulus check in the most volatile time of our lifetime?
Give a follow so we can grow together? Any comments? Feel free to chat :)
We definitely are following an Elliot Wave pattern pretty closely and even with tensions US China wise, we are still in Bull Territory.
Will it correct soon? We'll have to see if there is a resurgence vs. if there is a vaccine before that occurs.
Tuesday will show an area of short Call territory before we really find out which direction SPY will go as it wedges into Holiday territory and Summer positivity.
There's also some good info on 2018 comparatively when looking at both crashes and their recovery time. On this chart you'll see that 70 days is my estimate on recovery based on average crash data.
Robinhood and a lot of consumer level trading apps have been helping Bulls really push the market up along with the Fed. Why wouldn't you put your stimulus check in the most volatile time of our lifetime?
Give a follow so we can grow together? Any comments? Feel free to chat :)
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.