MemberBryanP
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.
benz1302 and
Tracks are now connected 2 years agoTracks 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/
- Load More
