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Original_Stock_Whisperer
Apr 20, 2022 12:43 PM

Looking to head down.. 

SPDR S&P 500 ETF TRUSTArca

Description

Pop and crap? I think so…. Also looking for Qqq to start rejecting around 349, 350. If we do not reject and just go sideways for the next day or two then wonder what’s up. Otherwise looking to start heading down. Ignore the clowns, there are a few around here. Pay attention to that purple shaded area.

Comment

I will be looking for that snap down in the next day or two............. lets see where things land by end of Friday.

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CMG I took yesterday, doing fine along with several others. QQQ not doing so well. lol. Shares provide that flexibility though as opposed to short term options. I like how alot of things are brushing off the run up on the indexes.

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Lets see if we can get in the 430s by tomorrow. I do see a bounce early next week potentially and then a nice drop!
Comments
MikeSpy
SPY-derman plz swing your web downwards. My Puts are barking 432-436 target. 4/22 lets go!
tendency
props - nice call.
Courtneyd
THE GOAT 🫡🫡🫡🫡
biasedsenpai
Up very nicely so far....I opened puts right at the open...possible rejection here at 444 area as we head back up to 447 but we might go as low as 442.5 today or even lower....
Only_Losses
@biasedsenpai, I'm assuming you mean 442.5, to which I agree with your possibilities

Edit- yep sounds good haha
biasedsenpai
@Only_Losses, I edited it lol
UnknownUnicorn32969573
@biasedsenpai, spy isn't looking to sell off any further ... the vix said that today when it was rejected after trying to recover .... the dips should be bought until earnings season for tech is over
Original_Stock_Whisperer
@lavontakeyamon, @biasedsenpai is not a dummy. He knows better than to fall for that.
UnknownUnicorn32969573
@Original_Stock_Whisperer, just saying ... i mean im in puts, but the chart for puts look very bearish .... spy doesnt look like its ready for a sell off .... it wasnt supposed to close above that 443 level today .... that was too bullish
Original_Stock_Whisperer
@lavontakeyamon, all I see are red candles and wicks of rejection with a rounded top that is not a flag, pennant or anything of the like at a expected rejection area with heavy resistance. Many attempted fails. I am not sure how you see bullish. The only question is how low do we drop in the next couple of days because landing in the 430s Friday afternoon would be ideal.
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