the_sunship

Friday Notes - SPX USOIL GOLD DXY WHEAT BTC TLRY

Kort
the_sunship Uppdaterad   
OANDA:XAGUSD   Silver/USA-dollar
Everything in the video I also talk a bit about market psychology and why it's problematic to think the "news" is the cause of price movement.
Kommentera:
On SPX cash we really haven't broken the channel trendline and it bothers me that this is the case. It is very possible this is just a B of an ABC and so I want to urge caution. It looks more bearish on futures, but when I see discrepancies like this I get cautious.
Kommentera:
SPY looking similar - a close today above 368 on spy and I would urge caution for shorts into next week.
Kommentera:
IF they recapture 3730 today on futures the daily candle will look like a false breakdown and we go higher likely next week. I will update if that happens.
Kommentera:
Futures look like a bearflag,
Kommentera:
SPY looks like it lost trend. lower into EOD would be good for bears. A recapture by EOD would be good for bulls.
Kommentera:
Kommentera:
SPY at a support level and the .618 fib - typical buy zone for many. I'm taking some profit here in case something weird happens and they reverse it.
Kommentera:
bear flag continuation to 3580 likely. Will reevaluate once that level is reached. Going out for the day - good luck!
Kommentera:
head and shoulders target reached

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.