Gold MemberAndyMac
Gold Member
Tracks posted an update 2 years ago
The SPY move yesterday brought it almost to the 100% extension of Wave 1. We’re in a good area for SPY to pullback for Wave 4 now, if it’s going to follow the ideal trend (the market is rarely ideal). Job numbers may be a catalyst this morning, with resistance above at 456.80, 457.60 and 461.30. The ideal retracement before the next leg…
Tracks posted an update 2 years ago
I just realized that I was watching TGT for something else and accidently added it to this week’s watchlist on the bearish side. TGT should NOT be on this list.
Tracks posted an update 2 years ago
SPY gapped down this morning, getting into the high side of the $462 area. The updated support target is 461.25 now. From here it can really go either way. A bounce would still be in the ideal range for another leg up, while breaking below $458 would signal a potentially bigger move down, following the current trend. As I take trades today,…
Beau, MountainViews and 3 others1 Comment
Thanks for the analysis, Tracks! Love your posts!
Tracks posted an update 2 years ago
Here is my Watchlist list for this week. I think it’s going to be a while before we see confirmation in the bullish trades, so I’m going to be patient. Might take a week or two. The bearish ones I feel will deliver quicker, but likely smaller moves. either way, I’ll do what the the TA tells me.
https://www.tradingview.com/watchlists/18382564/
Tracks posted an update 2 years ago
My Watchlist this week. Small because I’m cautious.
https://www.tradingview.com/watchlists/18382564/- Load More
