SPDR S&P 500 ETF TRUSTGiá xuống
The Expected Bounce was on Queue. Tomorrow We Drop.
Traders,
We have been batting 1000 lately when it comes to the SPY. Might as well make another bold prediction. It would seem that the greatest probability of price action is outlined in the chart. An inverse H&S is forming and the right shoulder has yet to start.
I predicted the target down from the last H&S pattern to be 410. That was hit, almost to the dollar. I then predicted a huge bounce. We have that now. In fact, 7 days of green candles! Amazing. I even predicted the timing of the bounce. The charts gave me all of this data. I just had to read it correctly.
Now, the chart is telling me that it's time for a bit of a pause. If correct, we should see the right shoulder from that inverse H&S drawn now begin to form. If we're lucky we stay in my outlined green channel by using that 200 day ma near the bottom of the channel as support.
Blowoff top underway!
LFG!
Stew
We have been batting 1000 lately when it comes to the SPY. Might as well make another bold prediction. It would seem that the greatest probability of price action is outlined in the chart. An inverse H&S is forming and the right shoulder has yet to start.
I predicted the target down from the last H&S pattern to be 410. That was hit, almost to the dollar. I then predicted a huge bounce. We have that now. In fact, 7 days of green candles! Amazing. I even predicted the timing of the bounce. The charts gave me all of this data. I just had to read it correctly.
Now, the chart is telling me that it's time for a bit of a pause. If correct, we should see the right shoulder from that inverse H&S drawn now begin to form. If we're lucky we stay in my outlined green channel by using that 200 day ma near the bottom of the channel as support.
Blowoff top underway!
LFG!
Stew
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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.