IMPORTANT WEEK! MARKET VOLATILITY EXPECTED!
TICKER:
SPY
We closed friday with a big red day; Largest red day since October 1st of 2019. This is due to the financial sector (XLF) topping out at the all time high.
Next week is a very important week for the market. FOMC is on Wednesday in addition to tech earnings (
AAPL, 
AMZN, 
FB, 
MSFT, etc...). I expect high volatility this coming week and depending on this week, the market will either consolidate or continue to reach all time highs.
Regardless if its bulls or bears, I am looking to go aggressive this coming week. If XLF continue to dump with spy breaking the low of friday (327.36), I will play TVIX.
However, bulls still have complete control on the daily and weekly time frame. Anything above 320.15 is just a daily HL.
SPYWe closed friday with a big red day; Largest red day since October 1st of 2019. This is due to the financial sector (XLF) topping out at the all time high.
Next week is a very important week for the market. FOMC is on Wednesday in addition to tech earnings (
AAPL, AMZN, FB, MSFT, etc...). I expect high volatility this coming week and depending on this week, the market will either consolidate or continue to reach all time highs. Regardless if its bulls or bears, I am looking to go aggressive this coming week. If XLF continue to dump with spy breaking the low of friday (327.36), I will play TVIX.
However, bulls still have complete control on the daily and weekly time frame. Anything above 320.15 is just a daily HL.
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.