SPY looks to be starting a larger correction here.
I think the first leg will take us down to the $638-686 support levels which would setup a larger bounce (needs to break below $733 for this to play out).
Then if we can't break above the 733 level on a bounce higher, it sets up a trap for a move lower down to the lower support levels down in the $473-450 for the final bottom.
A break above the recent highs would invalidate the idea.
In order for this idea to play out, I think we need to see the first leg down take place by Nov 6th.
I think the first leg will take us down to the $638-686 support levels which would setup a larger bounce (needs to break below $733 for this to play out).
Then if we can't break above the 733 level on a bounce higher, it sets up a trap for a move lower down to the lower support levels down in the $473-450 for the final bottom.
A break above the recent highs would invalidate the idea.
In order for this idea to play out, I think we need to see the first leg down take place by Nov 6th.
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。