$SPY - Burning All Puts
Yes! I expect us to break the recent low. Two major gap downs on 6/10 is VERY bearish. If you have two large gaps like that, it means we have a lot of selling pressure, which we're not done selling off, however, it might not happen within the next month as we need to continue our upside move first as I stated in my past posts. I would be cautious on going short/puts since we have a bullish setup on the chart. We could easily go up and meet my daily resistance trend highlighted in yellow, reject, and then move higher with us eventually (possibly) hitting the uppermost key resistance trend that I've outlined in teal before moving back down. You may use me as an indicator, but overall I am long in the interim.. till next time! :-)
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。