price action ran up to the 1.618 fib level on my 15min chart. Stoch RSI showing overbought and double top wave trend showing bearish ab-cd pattern looking for min retrace back to B leg
bought some long dated puts on this morning pop.. looking for minimum retrace back to 425 bulls need to close over 428 imho
not trading or investing advice. cheers and enjoy the weekend
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The AD/Money Flow is showing me $419 target for SPY etf. I was looking for $417 this week. but also w/ the AD confirming the bearish Money Flow on the sp500 futures. I see 419 as a real target by EOD or Tuesday at some point just from AD chart along, also the additional bearish pattern doesnt help for the bulls here
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