SPY 11/20 ANALYSIS
Updated
Hey guys,
As you can see my my last trade sell-side liquidity was taken out - I am expecting a reversal at this point down to buy-side liquidity around 450. We have had tremendous momentum for the past few weeks. On the macro level - I can SPY breaking the previous high around 480.
As you can see my my last trade sell-side liquidity was taken out - I am expecting a reversal at this point down to buy-side liquidity around 450. We have had tremendous momentum for the past few weeks. On the macro level - I can SPY breaking the previous high around 480.
Note
A bear channel formed in the 5 minutes which I am using to add to my trade
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