Get started
moneyflow_trader

Bearish Triangle by AD 426.13-425.60 target

Short
SPDR S&P 500 ETF TRUST (BATS:SPY)  
moneyflow_trader Updated   
BATS:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns
7
3
trendanalysis chartpattern
Monitoring the AD, I spotted a bearish triangle pattern by the AD. My intraday targets are 426.13 and 425.60. These targets were determined by the AD .

Not trading or investment advice, please do your own due diligence
Comment:
AD with fibs overlapping... .236 fib level (424 is my ideal price to cover) might cover before J. Powell speaks
Comment:
Comment:
Comment:
another $1 down and im off this intraday short
snapshot
Trade closed manually:
puts closed, done for the day
Comment:
#study could help in the future... stoch rsi above the clouds at the .618 fib
snapshot
Comment:
if bearish sentiment continues, we could possibly see $423.00 by close based on the AD current projection
snapshot
Comment:
snapshot
AD also showing a bearish inverted cup and handle pattern
Comment:
AD showing a 3min TF bear flag going into the close... I will not long anything going into the close, if bear is there in premarket we will set up a short again
snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.