SPY Fibonacci

After failure to break 391 last Friday I believe we are in uncertainty territory since the rest of the world is putting out record numbers on inflation. I’ll be looking for puts if we break below 383 I mean da bulls had all the momentum on there side and still couldn’t fill the gap also low volume and 6 Green Day’s in a row I think we are going to break that streak tomorrow. As always trade what’s in front of you. I always like to wait 30 minutes before trading as the days high or low gets established
Trend Analysis

Related publications

Disclaimer