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WizdomSeekerr
Dec 13, 2022 7:14 PM

Breaking out of pattern Long

SPDR S&P 500 ETF TRUSTArca

Description

Breaking out of pattern. Look at the last daily bar spiking up before FED announcement. Banks are all shouting recession coming... I think we break out hard on the massice put/call option spread that is currently exisiting.

Long a small position to bank on this move.
Comments
BobbyJoeBA
Let’s see, you were wrong here.
WizdomSeekerr
@BobbyJoeBA, Price currently higher than my idea price entry. Clean those glasses
BobbyJoeBA
Unsure what your price entry was as you don’t state. I’m going on your statement of breakout and then rejected. Not harping on you, just seeing a pattern. You keep posting your thoughts but you seem to be wrong on the outcome more than you are right. I hope your latest post proves right and the market has hit bottom, but all analysis and technicals show otherwise. But even a broken clock is right twice a day. Best of luck to you.
WizdomSeekerr
@BobbyJoeBA, You do you bro, I have my followers for a reason.
jedisdead
Looks like it is getting closer not trying to drop as far but still staying in that channel...
WizdomSeekerr
@jedisdead, It's at a huge pivot, it breaks it flies. Look at how today closed. Tomorrow is a big day
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