$SPY - aWeeel update
For any temporary / perma bears that are confused or skeptical more-or-less by the price action so far this week, I was too lol. For the bulls that are hyped about almost hitting ATH, A+++ for effort lmao. Even now, I'm a little more confused than skeptical, but it's easier to sit back @ the end of the day to take a 2nd look. After my last 
SPY chart, I mentioned I was hesitant LAST ass minute to get puts, glad I waited, & it turned out to be just what I saw in the worst-case-scenario. Doesn't matter how strong / weak the price looks to who's looking @ it, because we're definitely in a weird spot right in between old resistance & new support, so if anyone has to 2nd guess themselves, might just be easier to mess with ghost feeds & really just feel around what makes sense. Not sure I posted the pic below as as an idea, but I keep a huge archive of chart & chart patterns for future reference, just as guidance for certain things the MA's can point out + what works / doesn't & how. Originally, $284.90 would've been A1 TP, almost puts me @ ease for price action today to be a gravestone doji completely out of range, but not confident just because LT trend is more stable & consistent than what I'm use to seeing w/ other equities. @ This point, I see red. But realistically, it's this week or the next that it's bad news for one side only. If it's not this week, next week could be bad x2. If it's a sell off the rest of this week, I wouldn't be surprised if bulls take back over. But, we'll see
SPY chart, I mentioned I was hesitant LAST ass minute to get puts, glad I waited, & it turned out to be just what I saw in the worst-case-scenario. Doesn't matter how strong / weak the price looks to who's looking @ it, because we're definitely in a weird spot right in between old resistance & new support, so if anyone has to 2nd guess themselves, might just be easier to mess with ghost feeds & really just feel around what makes sense. Not sure I posted the pic below as as an idea, but I keep a huge archive of chart & chart patterns for future reference, just as guidance for certain things the MA's can point out + what works / doesn't & how. Originally, $284.90 would've been A1 TP, almost puts me @ ease for price action today to be a gravestone doji completely out of range, but not confident just because LT trend is more stable & consistent than what I'm use to seeing w/ other equities. @ This point, I see red. But realistically, it's this week or the next that it's bad news for one side only. If it's not this week, next week could be bad x2. If it's a sell off the rest of this week, I wouldn't be surprised if bulls take back over. But, we'll see 
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