SPY support reversal

3 Şub 2016

Im long once price crosses above the green line in a 30 mn or 1 hr time frame. Market is exhausted and sitting on key support. The white lines are possible price action movements (definitely not gauranteed) that has a high chance of happening. usually the market likes to make an inverse head and shoulders or double bottom when it reverses so Im guess this bear flag that we are creating is either going to make a new low under 180 and fail to follow through or we will see the market make a higher low above 180.00.

29 Şub 2016

İşlem aktif

nailed this bottom and price action