Am I blind? Are you? Holy moly. This looks textbook under the reversal patterns I have documented. To be HONEST, it doesn't look 100% but it's showing signs. In my previous
GLD posts I said $242.73 needs to hold and it has. I think
GLD is creating a new floor of support for the next 3-6 months. I'm going to be entering 2250C for months out in 2025. + EOY rally. $250 target gets
GLD to a 30% YTD.
SPY in the same boat, 30% YTD - I posted a chart on it as well, check that out. Leave a comment to let me know your thoughts. I looked through many time frames and this one looks the best. I can't say I'm a fan of the big Elmo candles but I see a flag forming. Leave a follow and a comment.
wALL sTreeT L0S3R
wALL sTreeT L0S3R
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.