See my previous chart on SPY, where I mentioned 3 things:
1. Whales loaded their bags and they will unload at the demand zones, one is 405
2. They may get greedy and move on the the next supply zone after a new reload
3. I may be turning bullish on market.
As you may see the channels, SPY is on the verge of doing "something" big. Place your bets.
1. Whales loaded their bags and they will unload at the demand zones, one is 405
2. They may get greedy and move on the the next supply zone after a new reload
3. I may be turning bullish on market.
As you may see the channels, SPY is on the verge of doing "something" big. Place your bets.
1. SPY will reclaim the bigger channel as it has done back in 2020 and will do another all time hime in the coming future
2.Will continue moving on in the new small narrow uptrend.
Either way market is bullish as of now.