Just throwing this up here since I am ducking out of my office early and getting some things done around the house getting it ready for summer. This is what you can expect for next week......... I read @nobullshytrader0 latest update thinking 500+ plus might be on the way, so lets throw his range up here to. I actually am kidding, he is one of the more legit posters around here but I do like picking on him because he does say some of the craziest things sometimes.
Anyway...... green box held for this week.. we never did get downside, just moved right on up. Never tagging the top but its looking strong. Blueish tint is your targets for next week (getting above 456 will/ would be interesting) ....... you pick what you think will happen. I did take some short positions today on 2 stocks for next week. They have been almost to the penny predictable. Lets see what SPY does though that has not been so predictable. I bet we stay in the blue shaded area so if you are looking for that 500... check back in ummmm 2023/ 2024? lol Have a good weekend guys!
By the way, I am very bearish going into the end of April.. I agree with that. In fact, I can't see much left in SPY. I do not think the upside will last much longer at all....
Anyway...... green box held for this week.. we never did get downside, just moved right on up. Never tagging the top but its looking strong. Blueish tint is your targets for next week (getting above 456 will/ would be interesting) ....... you pick what you think will happen. I did take some short positions today on 2 stocks for next week. They have been almost to the penny predictable. Lets see what SPY does though that has not been so predictable. I bet we stay in the blue shaded area so if you are looking for that 500... check back in ummmm 2023/ 2024? lol Have a good weekend guys!
By the way, I am very bearish going into the end of April.. I agree with that. In fact, I can't see much left in SPY. I do not think the upside will last much longer at all....