Markets are being supported by some key levels, for now it seems like we have some juice to move if we can move above resistance. Target on SPY approx. 410 range.
Trade active
Momentum still seems to be moving upward. A break below $21 will nullify this trade.Note
Made some small profits on the move up to 23.80, took 75% on friday. If we run up , amazing, but at this point the ES has already hit resistance so we may see a reversal.Note
Think its time we move back downTrade active
added back into this position over the course of last week, looking to ride the squeeze up before the markets go lower.Trade closed: target reached
Note
exactly as predicted and then some
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.