trendline,fib work, supply & demand yesterday darkpool AA $275 strike $2.6 mil 1/21/22
Above demand fib set up. First target supply zone , Second target fib extension
It's in a Bearish downtrend heading to the demand zone with a h&s, volume profile could give potential bounce at 383 AMEX:SPY
3 things can happen. It could brake the trend going up, it can go down and stay in the channel, or it can go down and break the channel
The theory behind the curve is that after the 4 bases it should go up to the $226-$241 area. After that it should have a really hard fall