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SPYder_QQQueen_Trading
Jan 27, 2023 3:47 AM

$SPY $SPX $ES1! Analysis, Key levels, and Targets  Short

SPDR S&P 500 ETF TRUSTArca

Description

SPY SPX ES1! Analysis, Key levels, and Targets

AND we’ve got a hanging man candlestick… On an upswing, the Hanging Man candle is often seen as an sign of potential reversal in trend. A gap down and a close under the body of today’s daily candle would be confirmation and continuation of reversal….

I think y’all know my position. This is the area from my last post that is my threshold for pain, lol, for my 410 puts in April… I’m still holding them but I was a little grumpy today about this rally, I’m not gonna lie…

So let’s get this hanging man reversal confirmation tomorrow, please and thank you…

We do have the PCE inflation report in premarket tomorrow and that could be a catalyst for a gap down and continuation ahead of the FOMC on Feb 1st….

Happy trading tomorrow, y’all…
Comments
MikeSpy
Thanks for the analysis. I am also a bit grumpy at the bulls for pushing it so far, but I think in the next couple weeks we will both be in a much better a mood :)
Elefant-Schnitzel
We've definitely hit the "denial" portion of the market cycle. 🐻 🪦 💐
Vibranium_Capital
Keep posting bearish every week and eventually you can celebrate. Nice strategy
SPYder_QQQueen_Trading
@Vibranium_Capital we only closed up .23%… kid - I’m not wrong…
Vibranium_Capital
@LadyAmalthea12, you are posting bearish analysis all year. Lmao
Vibranium_Capital
@LadyAmalthea12, I’m 24, who are you calling kid?
SPYder_QQQueen_Trading
@Vibranium_Capital 24 is very much a kid… you obviously missed my correct bullish analysis at the end of last year… please keep the comments useful or don’t come around here. I don’t need snark
Vibranium_Capital
@LadyAmalthea12, how old are you
Vibranium_Capital
@LadyAmalthea12, afraid to say your age? Your 70 years old and your analysis is outdated, mine is better. Get with the times old head
jluong2
@Vibranium_Capital, little unnecessary bashing……..You’re saying you’re a grown ass man at 24 so maybe act like one. Show some class. The whole point of this community is so people can post their analysis so others can read and dissect it for themselves whether right or completely wrong. Unless you have some constructive criticism to offer you should just back up. I just looked at some of your trade setups and they are all well thought out. So instead of going onto someone else’s page and ripping them maybe just focus on your own analysis rather than gloating about being on the right side of the trade. Like I said your trades are good and alot of your analysis match my thoughts. Just chill.
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