I don't have a solid prediction on direction going into tomorrow on SPY.
Im trying to stay neutral due to the daily candle being a absolute banger of a gravestone Doji....The line in the sand, the weird moment in tug of war when both sides are at a stand still and the wining team makes there move.
I am feeling like the bears will win this overall, however im also seeing quite a bit of buy pressure on the smaller timeframes. So I could see spy pushing up to the low 399 area and then making a continued move up , or a fast rejection of that level for a blow out back down to low 385 range.
This is a FED black out week , and major earnings week so I do predict this week will be pretty choppy with a lot of give and take on gains / losses.
Again im staying neutral and might not even trade tomorrow.
The main thing i will be looking at is the 9ema , and the 5sma getting pulled to the point of control as shown via volume.
Im trying to stay neutral due to the daily candle being a absolute banger of a gravestone Doji....The line in the sand, the weird moment in tug of war when both sides are at a stand still and the wining team makes there move.
I am feeling like the bears will win this overall, however im also seeing quite a bit of buy pressure on the smaller timeframes. So I could see spy pushing up to the low 399 area and then making a continued move up , or a fast rejection of that level for a blow out back down to low 385 range.
This is a FED black out week , and major earnings week so I do predict this week will be pretty choppy with a lot of give and take on gains / losses.
Again im staying neutral and might not even trade tomorrow.
The main thing i will be looking at is the 9ema , and the 5sma getting pulled to the point of control as shown via volume.
Trading ditutup: target tercapai
Played 397 call options at market open off the pullback. Sold for 55% profit. Im not convinced the pump is over but im sticking with my gut and selling on the pump and now looking for a short opp on a larger timeframe.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.