SPY 10/25
Spy 30min
tough resistance at 454.05
Tweezer tops candlestick resistance at 454.67
Careful buying calls at the open.. I wouldn't feel comfortable unless we broke through Friday's high.
Some support areas
452.49
450.92
I'll be looking for a early fade here. what I'm thinking is they'll let tech lead the way today and If FB earnings is disappointing they dump it tomorrow to that 452-451 area.
The funny thing is, this candlestick formation looks like a H&S with the right shoulder forming. 🤔, that would lead to a 447 gap close if true.
still think it trades in range today between 454-452. ready for some whiplash?
Let's see
tough resistance at 454.05
Tweezer tops candlestick resistance at 454.67
Careful buying calls at the open.. I wouldn't feel comfortable unless we broke through Friday's high.
Some support areas
452.49
450.92
I'll be looking for a early fade here. what I'm thinking is they'll let tech lead the way today and If FB earnings is disappointing they dump it tomorrow to that 452-451 area.
The funny thing is, this candlestick formation looks like a H&S with the right shoulder forming. 🤔, that would lead to a 447 gap close if true.
still think it trades in range today between 454-452. ready for some whiplash?
Let's see
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