Community Memberprof23
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htrader724 posted an update 3 years ago
3 years ago (edited)
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htrader724 posted an update 3 years ago
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Crypto Chat Membership – Options Players
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Tracks posted an update 3 years ago
SPY got a little bump with the AMZN ER last night, but dropped back down in pre-market today. The daily 200SMA is lining up with the next level of Primary support at 443.15, so that’s our next target, then 437.85 below that, but we’re getting into a decision point. From here, it’s possible that SPY could turn bounce based on the fib…
KingJulien1 Comment
You meant SPY is testing support in the 445.65 area?
David Fanelli and
htrader724 are now connected 3 years agoTracks posted an update 3 years ago
So far, SPY has not been able to break above the resistance discussed yesterday. The 4H chart is now trying to start a bear cycle, and moving below 452.80 would help drive that. Next support is at 446.80. This could be the start of the next leg down that we are anticipating. That will remain the plan unless SPY pass through resistance…
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