SPY continuation of inverse H&S

if we brake and stay above 416.30 , then getting to 417.11 should be very possible
that would leaves us with small pullback in the morning tomorrow, C&H and end the week on double top (ATH) at $417.85

Yorum:

Im going to be careful at the gap fill (417.13) and Im going to take 70% of my position on the double top and reload if I see C&H formation.
I dont have big position and use SPY as general guide of the market.

BTW Im in NKLA since yesterday as it was clear signal to get in.

Yorum:

jee, that was penny stock playbook right there

Yorum:

OK, so the drop is news based, BIDEN TAX REFORM