Gold MemberJustjay
Gold Member
Tracks posted an update 2 years ago
After recycling those mid timeframes yesterday, SPY has run up to the next set of targets. It is now in the 61.8% retrace area of the big move down, which is ideal to start the next bearish leg. Because of this, I’ll be watching this zone intently, to see how the market moves from here. The first signs of bearish activity would be a drop…
Tracks posted an update 2 years ago
SPY showing sings it could continue up this week, with a 4H bullish cycle in play and a Daily cycle trying to start. However it is also hitting some resistance as well as the daily 200SMA. I’ll feel much more bullish if SPY can get above 444. From there, the next targets would be 449 and 456. If it can’t break that 444 level, it could…
Tracks posted an update 2 years ago
Yesterday, SPY hit a few of our bullish targets. It’s now sitting at some primary resistance, so it’s possible the mid level timeframes will need to pullback before it can go further. In that case, it could pull back as far as the 442 area before bouncing back up. Staying above 450 would help keep things bullish, and next upward target is…
Tracks posted an update 2 years ago
Here is my weekly watchlist. I’m also still watching the 3 from last week, as I said it may take them a couple of weeks to setup.
https://www.tradingview.com/watchlists/18382564/
Tracks posted an update 2 years ago
Here are the tickers I’m watching this week. I’m not prepared to catch any falling knives. It’s quite possible it will be a week or two before these are ready for me to enter. I want to see support under them, multiple timeframes showing signs of movement, and a higher low before I’m ready to enter.
CCJ
HON
TGT- Load More
