possibly a new downtrend in SPY
another 5% drop on the way?
sharp upward move possible tomorrow on this. 5-10% possible
looks like there might be some more buying here. especially if SPY is green pre market. maybe a day swing play. Watch for asian market results as well as south america.
ngas upward movement. will be interesting to see if theres a green candle on the 1d
spy. maybe another W? then a dot at the end for a bigger drop?
I think another W will show up on this image on the R, just slightly lower than the last
yesterdays bounce was still in channel . still downward trend with no bullish indicators on 4h and 1d other than being oversold.
short, downward trend on the daily. MFI and MACD going down, oversold on stoch, so tight stop needed
downward movement based on 2 red heiken candles as well as downturn of RSI and MFI as well as MACD
room to move up to 26
possible move down on the daily.