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THECHAARTIST
Aug 4, 2023 7:18 PM
SPY weekly Analysis Aug 7th-Aug 11th,2023
AMEX:SPY
1D
SPDR S&P 500 ETF TRUST
Arca
Description
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Aug 4, 2023 7:18 PM
I have analyzed SPY for this week and I feel Spy is trying to change its trend. Let me know if you have any questions.
Trend Analysis
Harmonic Patterns
Chart Patterns
SPDR S&P 500 ETF (SPY)
spy500
Stocks
optionsstrategies
BTCUSD
stockmarketanalysis
priceaction
wallstreet
BTC
Comments
Luck264
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Aug 8, 2023 7:47 PM
Wow 446 demand zone is playing very well
Luck264
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Aug 4, 2023 8:24 PM
Are you shorting spy ?
THECHAARTIST
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Aug 4, 2023 8:32 PM
@Luck264
no i dont short market
Luck264
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Aug 4, 2023 8:33 PM
@CHAARTIST do you think it will go 440 next week ? I want to add few short but still waiting
THECHAARTIST
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Aug 4, 2023 8:35 PM
@Luck264
watch the analysis..you will understand all the levels where price can bounce so if you are trying to short exit on those demands for sure.
Luck264
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Aug 4, 2023 8:40 PM
@CHAARTIST 446 is a daily demand zone. I think not great idea to short here
THECHAARTIST
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Aug 4, 2023 8:41 PM
@Luck264
there is potential to ruin your option trade
Luck264
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Aug 4, 2023 8:43 PM
@CHAARTIST I’m not shorting anything yet. I m expecting bounce at 446 as per daily demand zone
THECHAARTIST
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Aug 4, 2023 9:00 PM
@Luck264
that demand is very very poor so when ever there is doubt just stay out
Luck264
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Aug 4, 2023 10:38 PM
@CHAARTIST also I have noticed on the daily bounce to 455 which is daily supply zone. I will watch for 455 before downside play
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