1st target 475, 2nd 493 ascending triangle btfd

ロング

SPDR S&P 500 ETF TRUST (AMEX:SPY)

アップデート済

AMEX:SPY SPDR S&P 500 ETF TRUST

trendanalysis harmonicpatterns chartpattern

The AD is showing a clear ascending triangle on the spy etf to 475 and 493... I 1st saw the ascending triangle on the spx 500 futures, now its being confirmed on the spy ETF...

This is for the long term traders (buy the dips) yes there will be short scalps here and there but im keeping a base for the long term trade.

added spy this morning on the dip.. anything below 420-418 is great for long term buying.

コメント:

base forming

コメント:

where I saw 4700 on the spx 500 futures likely 4300 then a retrace to C leg to set up the run to 475

コメント:

What im watching for is a D leg retest (may not get it) $415.. X leg is currently acting as support (higher price action)

コメント:

support is above 405

コメント:

weekly view w/ clear resistances at 420

コメント:

same chart.. I mentioned earlier support is at 405, because that's where the 50 day moving avg is currently on the weekly. I know some folks are targeting 404 for a short, I say good luck w/ that

コメント:

If you follow me and my charts. I do a lot of future forecasting because the market is always adjusting. Looking back on the forecast and seeing where we're at is helpful. Take a look at this chart

コメント:

we breached that trendline resistances at 4198

コメント:

and we broke out of this cup/handle pattern w/ clear conviction this week.

コメント:

when you compare this ascending Triangle to the one I had on

NVDA its erie similar.. In fact,

NVDA could form a nice solid base over the next 6 months with a nice handle and breakout further . just for compare the 2

AD showing a Bear Flag, currently ascending to $315 price target

コメント:

The AD is showing me an ascending triangle to 4195 spx500 futures, on the 1min time frame during premarket will be monitoring to see if it carries over to the higher time frames today.

コメント:

4hr time frame.. The AD is showing an ascending triangle to $424 btfd

コメント:

apex on the 30min chart

コメント:

looks like a bull flag set up on 30min chart by the AD

コメント:

the powers that be will try to drop this to 415,

コメント:

monitor these 4hr levels

コメント:

The AD showing an Ascending Triangle on

XBI Weekly Chart, Price target $160

コメント:

Biotech will lift the sp500, this is extremely bullish. Grabbing some cheap calls here for the $420 strike price

コメント:

spy 30min chart showing an Ascending Triangle 421.50 range..

コメント:

monitoring

コメント:

if previous resistances doesnt hold as support, then the short would continue from this forecast. However, Im trusting what the AD has already shown me. The Financial Markets are always in a state of flux, and it's true Money never sleeps. Its always at work stay tune.