THIS SET UP HERE IS VERY BEATIFUL THE MONTHLY AND THE WEEKLY CLOSED as **High selling Pressure Candles W/ Volume confirmation** Indicating a continuation in the downtrend. Get ready for a big move soon.... Emergency meeting Monday so we will Wait and see what happens in terms of news that will give us a bit of a market sentiment till the 13th. OCTOBER 13 8:30am CPI DATA WILL DROP… this will tell us how good or how bad we’re about to get that’s like the last string for SPY
- We need to look for a pullback somewhere here soon so that we can continue tanking - The main thing to watch for is soaking the pullbacks and catching puts off the top - $351.26 is the next daily support Which is where we are headed to ATM - MONTHLY AND WEEKLY candle looks deadly - Looking to get some long calls here soon and just slowly loading up on them 2024 calls... -Also looking for a short term pump then another red dump Warning: Do not get faked out by relief rally days where there's just constant pumping going on without any volume OVERALL... We will continue to come down.
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