SPY: Week of Jul y21st

20 thg 7

Posting an idea on SPY against better judgement.
Its a mess of an index but here is my attempt at an analysis with this trainwreck, haha.

Best of luck, safe trades and take care!

23 thg 7

Ghi chú

Why I say its hard to ignore a bullish forecast on SPY.
Took out the Quarterly high prob target at 634 in post market, though removal of this target post market doesn't count, so we will need to open above it tomorrow or at it.

Otherwise, playing out somewhat as expected though I didn't expect it to remove the target till next week.

Still outstanding is the seasonal adjusted high on the Month which is that 637 ish target.

Safe trades everyone!

25 thg 7

Ghi chú

Fell short of our seasonal high.
So probably next week.
Look forward to taking a look at the forecast, but whether I post about it is another question xD.

Have a good weekend everyone!