SPDR S&P 500 ETF TRUST
מעודכן

SPY 5th wave in progress

447
Small video about the near term price action into later January. In general, the small rally yesterday was perceived as bullish - SPX put call ratio dropped to 1.29 ycharts.com/indicators/cboe_spx_put_call_ratio.

However, I believe the 5th and final wave of this sequence will be finished next week. January should be percieved as bullish again before the larger move down.

Good luck!
הערה
fib area reached, taking a little profit here. They may bearflag here for a day
תמונת-בזק
הערה
under the fib, they may just slice through everything. Many are trapped. תמונת-בזק
הערה
First wave may be done, fib line may get a bounce תמונת-בזק
הערה
if this is a bear flag, 372 is the target and there will be minimal bounces תמונת-בזק
הערה
spy already to 376, many are trapped and no bounces to get out...taking more profit תמונת-בזק
הערה
Hourly bull divergences building here, It's a falling knife but I'm adding some long positions, very small. תמונת-בזק
הערה
daily BB at 375, should find some support near there, we're 60 cents away תמונת-בזק
הערה
possibly one more low tomorrow, not really sure if this is correct. תמונת-בזק
הערה
looks like santa came already תמונת-בזק
הערה
looks like a reversal on daily, but look at the daily ma cluster above....
תמונת-בזק
הערה
spinning top on spy, while it does look like a reversal, there's a potential that we are in an ending diagonal, so if tomorrow we sell more, I expect we could make a very choppy bottom before the main reversal. Just be cautious before going "all in". I'm sure many are thinking this is the bottom, I can't tell just yet. תמונת-בזק

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.