SPY in in short term bull channel.
It has formed bull flag, but it has also shown clear bear divergence on 1-4h
It really comes down to .25% if we continue rally or not.
Also announce of slowing the hike will have an effect.
Be aware of falls spikes in either direction around 2pm.
Cash is your friend
Good luck
It has formed bull flag, but it has also shown clear bear divergence on 1-4h
It really comes down to .25% if we continue rally or not.
Also announce of slowing the hike will have an effect.
Be aware of falls spikes in either direction around 2pm.
Cash is your friend
Good luck
Nota
Also worth mentioning is the fact that in Canada hike rates have slowed down to .50 , which prompted temporary rally few days ago.Nota
I made a quick buck on this, lolBut I am going to stay on the side until tomorrow and let the market figure it out.
Feds .75 with no clear path to easing is putting us in a limbo.
Paradise for scalping.
Nota
It may form H&SNota
okey , H&S is no longer valid
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.