Hi guys,
I hope you all are doing well.
Today I was looking at the SPY chart and I saw possible DOUBLE TOP forming along with RISING WEDGE. If I'm right for the slight pull back, this is how it's gonna play out. And for the Bull move, I have marked level of resistance. I'll be waiting to see how it opens tomorrow and play accordingly.
Thanks,
Good Luck
Samar
If NQ breaks below the daily Demand Zone, I'm expecting it to go down much futher. Since we are in highest level of Inflations, Possible War, and economic issues rising in Worldwide. I hope I'm wrong but it has possibility to go down still about 30% from all time high based on historical drops and we have 20 % more left to drop.