You can see there was momentum going up as price went down which created the bottom and now rising price of SPY. This indicated there was going to be a breakout which there has been but I doubt it will go over the next resistance.
I can’t show you in this post but if I scroll out you could see the FIB levels of the overall swing high/swing low
The past support now resistance level is coming and the 50% fib level is inside which could be a good shorting point
I will be shorting 451 if RSI is oversold and stoch crosses under to 441
I can’t show you in this post but if I scroll out you could see the FIB levels of the overall swing high/swing low
The past support now resistance level is coming and the 50% fib level is inside which could be a good shorting point
I will be shorting 451 if RSI is oversold and stoch crosses under to 441
Comment:
stoch staying strong no short taken