SPX whipsaw day

מעודכן
They foiled the head and shoulders topping pattern which is usually bullish, but I have a feeling it will be a whipsaw kind of day. Futures should find resistance at around 4k in the morning session and then another test of 3900 next week to take out stops (yellow arrow). A bigger sell off would likely get us back down to 3800 by Thanksgiving (red arrow). I don't think the rally today will continue past the previous high of 4050 - as of now.

Good luck!

הערה
on SPY if the red path is taken we may fill the gap by next Friday, improbable but possible. Would have to be a news event to trigger such selling during a holiday week. תמונת-בזק
הערה
put/call back down to .73 yesterday
הערה
expecting a short covering open. תמונת-בזק
הערה
B wave (if that's what it is), may be done. We're now at the lower support again. Price getting above today's morning high would invalidate this idea. תמונת-בזק
הערה
spy filled it's gap, bulls don't want to see that level taken out now that buyers stepped in. תמונת-בזק
הערה
AAPl structure looks complete as of now. תמונת-בזק
הערה
SPX broke under support and retested it, maybe more selling from here

תמונת-בזק
הערה
hanging man candle on the day for spy תמונת-בזק
הערה
doji on SPY weekly תמונת-בזק
Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Wave Analysis

גם על:

פרסומים קשורים

כתב ויתור