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lukehostennis09
Jan 23, 2021 11:45 PM

SPY - Earnings pump, then pullback to previous bull run high Short

SPDR S&P 500 ETF TRUSTArca

Description

We've struggled to get past the 1.272 fib, RSI is near the overbought territory, previous bull runs were about the same number of days that we've been climbing, earnings pump from big players could lead us to pull back to previous bull run high. Not financial advice. Just an idea.
Comments
sparrow_hawk_737
Excellent analysis. Looking for something similar, ending with a gamma squeeze like August and June.
Skipper86
what are your fib lines snapped to?
SLOPolarBear
Solid 'idea'. ;)
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