SPY and Markets potentially reacting to FED futures pricing in a pause for the current rate hike cycle.
SPY pushing towards the upper bounds of the chart, I think we might see some squeeze action before coming right back down.
Be on the lookout for potential cracks in the economy that may force the FED to change their plan. We might still see lower prices before moving upwards.
My time frame for this trade is 6+ Months...
Only time will tell.
SPY pushing towards the upper bounds of the chart, I think we might see some squeeze action before coming right back down.
Be on the lookout for potential cracks in the economy that may force the FED to change their plan. We might still see lower prices before moving upwards.
My time frame for this trade is 6+ Months...
Only time will tell.
코멘트:
Nice push
액티브 트레이드:
Short from 460 resistance zone
코멘트:
First Target is 440 on SPY, Second Target 430. We will observe the reaction from there.
코멘트:
460 resistance seems relatively strong so far...
매매 수동청산:
Short closed 448 on SPY
코멘트:
Nice bounce off the weekly low of 433.
코멘트:
Big reaction
코멘트:
Currently looking to build position at the critical zone with a low of 410. We've got some more downside to come.
액티브 트레이드:
418 support so far holding up
코멘트:
LONG 200MA, if we break below I will close the trade at a small loss.
코멘트:
코멘트:
Added to my Qs position @ 412.50
코멘트:
Easy money. Golden pocket FIB level will be very important. Are we able to break above, or will we reject. Im going to go ahead and take some profits regardless, but If we break above we may be primed for a sharp move up.
코멘트:
Alternate scenario can also be the following. Keep in mind, GAP above at $456, and GAP below at $423. I feel like these gaps should be filled before the market can pick a true direction to move into.
코멘트:
Looking for pullback to fill the gaps below us. Entry would be around 420-425.
코멘트:
coming down
코멘트:
Arriving at resistance
코멘트:
Potential we fill the gap at 456
코멘트:
Exactly as predicted, 6 months on the dot