SPY - SPX - Fun with Patterns

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Apr 6, 2020 2:00 PM

Hoping for an INVERSE move to Last Wednesday, April 1.

Wednesday Move Description:
Big Down Move, followed by about 1.5% give back . . . with a continuation downward.

If this plays out. . . . we'll hit the yellow circle within a few hours of trading, and it is exactly where I will enter long

Good Luck Traders.

Comments

MEXSUPERSTAR

⋅ Apr 6, 2020 2:03 PM

big dump in bound

WillNixTrading

⋅ Apr 6, 2020 2:06 PM

@MEXSUPERSTAR,short term I think there is a high probability we give some back and proceed higher up towards 264-265. As the chart says.

Followed by a week of ranging in the swing term.

Tea leaves ... nothing more or less. Play your gut

Best of luck