SYF: Distribution Completed

18 במרץ 2022

SYF looks to have completed a distribution and is headed to the downside, with yield curve flattening and global growth slowing its easy to see financials lagging too

20 באפר׳ 2022

עסקה פעילה

It looks to be going through the typical backing up action (in wyckoff theory) and is staging a bull trap. Good place to build the short with a stop at 45ish.

26 באפר׳ 2022

הערה

Surprised at how well this is holding up - most likely this is due to the Russell staying up but the short should remain. We have macd divergence now.