Gold MemberReefconnection
Gold Member
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/Tracks posted an update 2 years ago
Happy New Year, everyone!
SPY is starting today with a gap up. Traditionally we see the first week of the year have some bullish movement as cash from selling losers last year for tax purposes is put back into other equities. However, it’s possible this is a bull trap and things could come back down. Filling the gap would definitely give…
Tracks posted an update 2 years ago
The 4H bear cycle is small, but still intact. No confirmation from daily chart yet, but if price moves down today we could see it happen. Next support is at 473.20, which would close out some smaller divergence we saw forming on Monday. There is strong resistance at 476.40, but it’s also the last day of the trading year, so anything…
Tracks posted an update 2 years ago
After hitting ATH on Tuesday, SPY has been moving sideways as it sits in a primary resistance zone. It hasn’t been long enough to really call it a bull flag, so we need the price to cross one of two areas to determine if the next move is bullish or bearish. Above ATH and 479.50 would start the next bullish wave, while breaking below 476…
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