Just a green day and all the problems were solved suddenly, and the chart turned to bullish, it didn't close above MA200 even. It's going to retest the resistance level and hit 436$ as quickly as possible, then be ready for the next leg down.
So you are Bullish? LoL, get a job please, you need it soon.
FYI: SPY trading is my job, day to day job ;)/ *This is my idea and could be wrong 100%.
I really hope you're right...my puts will thank you!
shkspr
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@itsconsultation, I hold my positions and I'll add to it when it hit 446$ next week. all is good. reversal point has some specific signs, what we saw today was MM manipulation for sucking retails money. it's very possible that the market open with a gap-down or a gap-up. lets see.
Unknowinglysexy
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Just wanted to say your comment of "So you are Bullish? LoL, get a job please, you need it soon." was fucking hilarious. Thanks for making my afternoon and confirming my TA bias!
hanshanv587
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it is a typo for 436? Think will reach 446 by Tuesday
shkspr
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@hanshanv587, sure resistance level is 446 and then 436, means 10 pt.
Jsarm727
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To me, it looked like it was consolidating and basing on the daily chart and that last few hours seemed pretty bullish. I could be wrong as well, but who knows what it will do next week. Good luck!
shkspr
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@Jsarm727, I could be wrong too, market messing with us all the time,
UnknownUnicorn22383955
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no idea is a joke... no side is a bible
shkspr
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@Frutrader, ATH is a joke, who publish any BS about ATH at the moment is a nut.
ashkanmrtzv
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how far out have you bought your puts (unless you're straight shorting)?