SPY Thu 10-14

Down trend line for the past week may break to the upside today after two failures late yesterday and early this morning. With oversold daily and hourly readings, definitely not a place to be pushing shorts IMO             . Levels of interest to me are marked. If the trend breaks up, a big snap back rally to 188-189 by EOD             tomorrow would not be surprising.
Do we complete the rev h&s or back down to retest the lows?
SMP99 leokaplin
not sure. i expect a retest of the lows or near lows. i've had 190.50-192 as a spot for potential pivot. However getting to that level would complete the inverse H&S and would give a much higher price target. So maybe we don't get to my initial target and turn lower sooner.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out