Daily SPY Outlook - Prediction (07 NOV)
📊 Market Sentiment
Market sentiment is slightly bearish as expectations for a December rate cut may be delayed into 2026. We have seen some sell-offs, likely due to hedging or profit-taking activity.
📈 Technical Analysis
Price is currently pulling back from the all-time high and moving within the equilibrium zone near the 670 level, which acts as short-term support. This is where I think accumulation may occur.
📌 Game Plan
In my opinion, price could reach the 663 level before showing a potential rebound. Therefore, I plan to stay short-biased toward 663, as puts might perform well today — unless I see a strong 4H candle close after the market open.
💬For detailed insights and broader market context, please check my Substack link in profile.
⚠️ Disclaimer: For educational purposes only. This is not financial advice.
📊 Market Sentiment
Market sentiment is slightly bearish as expectations for a December rate cut may be delayed into 2026. We have seen some sell-offs, likely due to hedging or profit-taking activity.
📈 Technical Analysis
Price is currently pulling back from the all-time high and moving within the equilibrium zone near the 670 level, which acts as short-term support. This is where I think accumulation may occur.
📌 Game Plan
In my opinion, price could reach the 663 level before showing a potential rebound. Therefore, I plan to stay short-biased toward 663, as puts might perform well today — unless I see a strong 4H candle close after the market open.
💬For detailed insights and broader market context, please check my Substack link in profile.
⚠️ Disclaimer: For educational purposes only. This is not financial advice.
Đóng lệnh: đạt mục tiêu
Target fully reached. Position closed.
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Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.