SPY Long
Updated
after a small consolidation (ideally a consolidation at this KL, but the market is too volatile so we might get a push right on Tuesday) we will uptrend:
1) engulfing candle on 4h chart
2) doji candle on 4h chart
3) major KL 430s area (res to supp)
note: market is tanking and is in need on a little push before major pull (FED Meetings and the rest... ugh something to be done I guess)
TP: estimate to MA50 + KL 442 areas
*not an ideal entry presented yet, needs a closer to 430s area for a given SL under 430. However if it will show signs of uptrend the the entry might be presented at 436 with close in SL.
Must look for headlines about the date of Russian invasion on Ukraine and Biden's speech making poor SPY into bleeding
(for some reason it feels all this headlines so empty and artificial... hmmm wont say it, okay I will: they manipulate the market on purpose!
- oh, what? - not a secret? - sigh lol
Also note: I do this because I am forced by tradingview lol
1) engulfing candle on 4h chart
2) doji candle on 4h chart
3) major KL 430s area (res to supp)
note: market is tanking and is in need on a little push before major pull (FED Meetings and the rest... ugh something to be done I guess)
TP: estimate to MA50 + KL 442 areas
*not an ideal entry presented yet, needs a closer to 430s area for a given SL under 430. However if it will show signs of uptrend the the entry might be presented at 436 with close in SL.
Must look for headlines about the date of Russian invasion on Ukraine and Biden's speech making poor SPY into bleeding
(for some reason it feels all this headlines so empty and artificial... hmmm wont say it, okay I will: they manipulate the market on purpose!
- oh, what? - not a secret? - sigh lol
Also note: I do this because I am forced by tradingview lol
Comment
Just a warning of not following anything I have said and if you do then only at your responsibility. thanks)
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