$SPY continuing its last rally of the year. but starts to show its weakness in smaller time frame chart. the weakness can be visibly shows in smaller time frames showing the momentum
of SPY start to curl down and volume of buyers starts to slowdown. respectably, although the it start to show some weaknesses doesn't mean its going to pull back. the stock is still
above the ema line. once we crossed that line in 1hr and 4hr time frame. that's probably our signals for the possible pull back. as of what happened yesterday SPY is just consolidating.
day trade and scalp play target.
buy call above 478.65-479 sell at 480+
buy puts below 475.68 sell at 474.50 or below
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
of SPY start to curl down and volume of buyers starts to slowdown. respectably, although the it start to show some weaknesses doesn't mean its going to pull back. the stock is still
above the ema line. once we crossed that line in 1hr and 4hr time frame. that's probably our signals for the possible pull back. as of what happened yesterday SPY is just consolidating.
day trade and scalp play target.
buy call above 478.65-479 sell at 480+
buy puts below 475.68 sell at 474.50 or below
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.