SPDR S&P 500 ETF TRUST

SPY WEDGE BREAKS

194
Today was interesting to say the least. We broke down the raising wedge but not from the PPI numbers it came from the FEDS talking hawkish and being adamant about keeping rates high all year with no cuts in sight. They have been saying this all year but the market has been high on hopium that they would pivot by November. There’s no way! What does this mean well if we are pricing it in we are headed down from here, as we sit at support currently bulls need to step up big time. I was hoping we would run to 410 for a max pain bear rally now bears need fear and panic of people selling off. We will see how this plays out so trade your plan and believe in yourself also if you’re having mental issues please reach out to 988 text them or call them just don’t hurt yourself or loved ones. I just watched the Bernie Madoff documentary and wow so much tragedy. I recommend watching it on Netflix. Also thanks to all the new followers for getting me over 300 I try my best to put out what I’m thinking and seeing in the market
As always trade what’s in front of you good luck

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.