SPX whipsaw day

Güncellendi
They foiled the head and shoulders topping pattern which is usually bullish, but I have a feeling it will be a whipsaw kind of day. Futures should find resistance at around 4k in the morning session and then another test of 3900 next week to take out stops (yellow arrow). A bigger sell off would likely get us back down to 3800 by Thanksgiving (red arrow). I don't think the rally today will continue past the previous high of 4050 - as of now.

Good luck!

Not
on SPY if the red path is taken we may fill the gap by next Friday, improbable but possible. Would have to be a news event to trigger such selling during a holiday week. anlık görüntü
Not
put/call back down to .73 yesterday
Not
expecting a short covering open. anlık görüntü
Not
B wave (if that's what it is), may be done. We're now at the lower support again. Price getting above today's morning high would invalidate this idea. anlık görüntü
Not
spy filled it's gap, bulls don't want to see that level taken out now that buyers stepped in. anlık görüntü
Not
AAPl structure looks complete as of now. anlık görüntü
Not
SPX broke under support and retested it, maybe more selling from here

anlık görüntü
Not
hanging man candle on the day for spy anlık görüntü
Not
doji on SPY weekly anlık görüntü
Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Wave Analysis

Aynı zamanda::

İlgili yayınlar

Feragatname