325 SPY

SPY has broke under the yellow trigger-line, from the previous confirmed Pitchfork.

I have been waiting for this confirmation before entering a new short position.

Plotting a new Fork from the most recent Hi-Lo-Hi pivots, we see that the upper parallel has been retested and has also held price. (Red Fork)

SPY has a 70-80% chance to reach the latest Median Line. (Red Fork)

I approximated a target on the Red ML using a trendline from previous low pivots.

Target = SPY 325.

Target Date = May 10th, 2023

Short SPY.

Fat_Fat

Not

Hagopian Gap --> Left Ascending Fork --> Trigger Line x Median Line Energy Point = 325 SPY in Early - Mid May

Cousin_Fat_Fat

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.

Cousin_Fat_Fat