SPY pushed all time highs last week with Friday creating a potential lower high If our low breaks at 381.84 a retest of 380.59 would make sense potentially getting as deep as 378.46
If we have a strong morning and we maintain Fridays closing low at 383.80 we can push all time highs. Long target is 393.37
Things to keep an eye on are rotations out of IWM into tech and the VIX sitting above the covid gap. We also have earning coming out this week.
If we have a strong morning and we maintain Fridays closing low at 383.80 we can push all time highs. Long target is 393.37
Things to keep an eye on are rotations out of IWM into tech and the VIX sitting above the covid gap. We also have earning coming out this week.
Nota
selling into resistance will add if we breakNota
We are still rotating into tech namesNota
We loaded the 378.46 level as it hit it to the penny with 1/3 of my risk we added as we started to structure upNota
taking profits as we should get a higher low before we continue up will add on the lowNota
380.59 is the level to watch and sustainNota
a possibility we go green after this dump...Nota
we went green after our morning dump move mission complete will make a plan for tomorrowNota
lots of resistance at our level to beat which sent it down into a gap level i think we bounce here and re test our upper levelPenafian
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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.