dump pump dump

198 0 0
$SPY Tuesday Dump. Wednesday flat. Thursday up. Friday Dump. Fridays dump essentially completed a measured leg down and also broke below the key 163.95 double bottom low we put in the week before. While this is currently a clear break below that level I am very interested to see Monday mornings action. Do we gap down only to have bulls buy aggressively and recover this level? Do we gap down and see follow through lower? Do we open higher and trap alot of sucked in shorts from friday? Perhaps some sideways around this lower range before really resolving. For me, as I gauge commitment on Monday I will keep things simple. Below 164 = sellers in control. Above 164 and the bulls still got it. I do like the overnight two way gaps we are starting to see now, some additional opportunity for us daytraders.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out