In my previous post, I outlined where 
SPY rejected off the bear flag resistance. You'll see that those two times correlate with the two times 
VIX tested pennant support. With the third VIX retest, we may see SPY near my gray TL of ~$400 (see related idea linked). I'm still expecting another leg down, and will take a short position if I see optimal R:R (I'll update).
No doubt, today was a boring day for $SPY. As I outlined in my update above, staying patient and understanding the right time to execute is what'll get you the W. Good luck!
SPY rejected off the bear flag resistance. You'll see that those two times correlate with the two times VIX tested pennant support. With the third VIX retest, we may see SPY near my gray TL of ~$400 (see related idea linked). I'm still expecting another leg down, and will take a short position if I see optimal R:R (I'll update). No doubt, today was a boring day for $SPY. As I outlined in my update above, staying patient and understanding the right time to execute is what'll get you the W. Good luck!
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。