optionflow

$SPY - Updated Chart (Possible Bounce Targets)

AMEX:SPY   SPDR S&P 500 ETF
299 0 3
I think it's possible we see a bounce Monday at cash open, but doesn't have to. We have a double bottom at S3 on 1hr and filled the 206 gap. In conjunction with an accumulation pattern I see on UVXY             , which has lower downside objective to meet, would support a SPY             bounce Monday am.

I very much want to see a positive open to re-enter a UVXY             call position I exited for 80% profit.

Fib levels provide upside targets for the bounce, but I'm thinking the 207.50 area. Either we just tank and never look back or slight bounce, then sell off.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out