SPY 
We had two scenarios yesterday during our stream
1.) Preferred scenario would be for the spy to pullback down to 400-398 or trendline and hold for the rally to continue to the upside. So a pullback or consolidation around this level is healthy. Just remember its December, I always look forward to the Santa Rally if you've been in the market more than a year or two you know what that means.
2.) If SPY Pulls back and breaks this trendline and strong support, FEAR / FOMO / SQUIZZLE can happen and the bear market continues.
We don't know exactly whats gonna happen in the market but we just ride the wave and make mullah along the way 🙂
Have a blessed weekend ahead and trade smarter!
We had two scenarios yesterday during our stream
1.) Preferred scenario would be for the spy to pullback down to 400-398 or trendline and hold for the rally to continue to the upside. So a pullback or consolidation around this level is healthy. Just remember its December, I always look forward to the Santa Rally if you've been in the market more than a year or two you know what that means.
2.) If SPY Pulls back and breaks this trendline and strong support, FEAR / FOMO / SQUIZZLE can happen and the bear market continues.
We don't know exactly whats gonna happen in the market but we just ride the wave and make mullah along the way 🙂
Have a blessed weekend ahead and trade smarter!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.