S&P Next Week Expected Move ($58.5) and Gravity Points
Gravity Point at $2911 looks like an objective Long. Short term, this is oversold, 5 days down in a row.
Plan on exiting the long at the Red Box. I could see another shorting opportunity if we got to $3000 again.
Expected move increased by $20 after last week had a 3 standard deviation move down, breaking the trend we had built.
Last major week of earnings ahead.
Goodluck next week gentlemen,
- RH
Last Week's Post: (Expected Move: $38)
www.tradingview.com/...-s-Expected-Move-38/
Zoomed out 30 minute view of most recent uptrend:
www.tradingview.com/...end-Break-30-minute/
Zoomed out 2hr view of the most recent uptrend:
www.tradingview.com/...SPY-2hr-trend-break/
Plan on exiting the long at the Red Box. I could see another shorting opportunity if we got to $3000 again.
Expected move increased by $20 after last week had a 3 standard deviation move down, breaking the trend we had built.
Last major week of earnings ahead.
Goodluck next week gentlemen,
- RH
Last Week's Post: (Expected Move: $38)
www.tradingview.com/...-s-Expected-Move-38/
Zoomed out 30 minute view of most recent uptrend:
www.tradingview.com/...end-Break-30-minute/
Zoomed out 2hr view of the most recent uptrend:
www.tradingview.com/...SPY-2hr-trend-break/
Bình luận:
30 mins into the trading weak and we've reached the Lower Expected Move
Bình luận:
$2843 Gravity Point has been hit! Wow, tremendous moves.
Bình luận:
Holy boys. Afterhours down 1.5%.
Bình luận:
Right back to square one where we started the week!
Bình luận:
Wouldn't it be neat if we ended this volatile week right on $2911?