Happy Saturday Ladies and Gents! As with any other previous posts of mine I like to begin with letting everyone know I am not a professional trader, lol. I'm just a dude who likes to look at charts. I'm really just thinking out loud. Some how my kids aren't attacking me and I'm able to calmly and thoughtfully look at the charts, lol. A few things to note before...
Special Note: Please excuse my 2-year old who was having tantrum and screaming his lungs out throughout the video - so sorry about that, lol In this video, I simply point out a very reactive trendline - especially after every time that we have been rejected from the ATH trend line (in blue). Will we come back up and tag it for a 7th time? Will the be the...
Ummm, the fast and short answer is that I am overall bearish on the SPY and anticipate we ultimately get rejected from this ATH (all time high) trendline ...however, it is starting to get complicated, lol. Disclaimer: Be aware the following comments are just my observations and I am not a professional trader. I am school teacher by day and stock junky by night,...
Hey guys! just finished updating this SPY chart. I thought it was pretty significant that SPY continues to bounce off this upward sloping trendline (Bold light blue). I just thought it might give those of you who like to play SPY some insight.
Hey Folks, I’m going to go ahead and give this technical analysis thing a shot, lol. I am relatively new to trading and thought this might be a fun and helpful way for me to journal/reinforce my TA while getting feed back from a community of like-minded people – so here we go! KEY POINTS -Support levels of $430-$427 have been decisively broken through. Next...