I would like to say that I was dead wrong on my last post, and I sold my SPY shares for a loss. It is ok to be wrong. It is not ok to stay wrong.
I am still learning and improving on how to see market structure and trends.
Trading is very difficult, and I will be the first to tell you, I am wrong about 50% of the time.
It looks like price bumped its head up against the hourly 200sma and is on its way down for the next impulse leg to 4150 based on the prior two legs down.
Based on the last two legs down, it seems that the hourly price likes to trend off of the 21ema and so I drew a channel based on the 21ema
I am still learning and improving on how to see market structure and trends.
Trading is very difficult, and I will be the first to tell you, I am wrong about 50% of the time.
It looks like price bumped its head up against the hourly 200sma and is on its way down for the next impulse leg to 4150 based on the prior two legs down.
Based on the last two legs down, it seems that the hourly price likes to trend off of the 21ema and so I drew a channel based on the 21ema
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.