Hi Trader. Keep watching this space. 65.71 seems to be the place to buy.
Today's close hit the second and higher measured move that I laid out for YCS. Two months ago I posted this chart: Direct bulls-eye. The question is what comes next? One possible scenario: I could see price bounce between 82.50 and 78.50 to digest gains and then try for higher levels after a period of consolidation. Alternatively price could overshoot to the...
Measured moves shown on chart. If 71 holds then 78.50 and 82.50 are next upside targets
If this pattern plays out then 55 and 50 could be possible PTs. Is this good for $SPY ?
Potential bounce area btw $54-56 for a move back to $60 then $63. $USDJPY $DXJ $SPX $SPY $STUDY