Once again, SPOT MA50 saves the day
SPOT is headed to 400/470 before June 2025 in my humble opinion.
I have highlighted in green, the area where VPA concepts imply bottoms, which are coincidentally on the daily MA50. This is bullish.
I also like that this ticker is strong on ES and NQ weak days, and is pretty stable usually on the ES and NQ stronger days.
I like the contracts at lows, some people like to short at supports hoping for a breakdown.
"when in doubt, zoom out" - Larger time frames are still bullish, and you won't catch me shorting this stock.
Not financial advice, Thoughts of July10,2024
I have highlighted in green, the area where VPA concepts imply bottoms, which are coincidentally on the daily MA50. This is bullish.
I also like that this ticker is strong on ES and NQ weak days, and is pretty stable usually on the ES and NQ stronger days.
I like the contracts at lows, some people like to short at supports hoping for a breakdown.
"when in doubt, zoom out" - Larger time frames are still bullish, and you won't catch me shorting this stock.
Not financial advice, Thoughts of July10,2024
Nota
Well, it didn't hold the MA50, and instead went to MA100. This means something is different. ER is also tomorrow. Let's see what happens..Nota
Well. there ya go...
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.
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.