Money is created by dept and dept equals money. Near Alltime High For Dow Jones, it’s time to sell and buy the dip. When there’s blood in the atreets, it’s time to buy. Until then sell everything, save your money and wait for a historical event. This will be the worst Great Depression ever maybe wordwide.
I have an alternative, buy cryptocurrency. I recommend...
Over the last 7 years, S&P 500 has respected EMA 200 + long term diagonal support; with very similar touch-points.
There is currently a challenging double top in the 295 area which might push the price down to consolidate between 257-295. The current channel is between 273-295 which if you want to profit, you would want to zoom-in a trade set-up with a lower...
So right at EOD today the SPY pulled above the resistance line we have been watching for a few weeks. The green arrow represents my expectations. Since we closed above the resistance I'm expecting it to act as support. The yellow lines represent other possible situations you should watch for.
Thanks! Good luck!
SL was a little too tight. In reality SHort is still in play. SLs can't be moved on TradingView.
TP was hit at 121.423
I like the Tweezer Tops on H4.
The pair is currently trading below the 200,100 and 50 SMA. They are now dyniamic levels of Resistance.
H1 has a number of rejection candlesticks off 122.900 (current...