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Spylong

TLT island bottomWow! I certainly did not expect this, but it should be in everyones best interest to flip long for short to mid term. TLT showing signs of a potential bottom (at best a local bottom). Island bottoms are super bullish and SHOULD NOT be faded. Pick your favorite meme stocks and go all-in longs. I think this is a bigger deal than most people think, especially before earnings and GDP news. Obviously this could flip on a dime; however, if we see any continuation our of this in the next couple days, I'd get ready for a fairly large short squeeze. STAY NIMBLE FOLKS My favorite longs are: TSLA COIN AMC
NASDAQ:TLTLong
by mperri329
SPY S&p 500 ETF and the Midterm ElectionsThe U.S. midterm elections will be held on Tuesday, Nov. 8, 2022. All 435 U.S. House seats and 34 of the 100 Senate seats are on the ballot. If you haven`t sold the high P/E ratio explained here: Then you should know that the Current S&P 500 PE Ratio is 18.10. Sill high in my opinion. Even though my Price Target for the end of the year is $338, i expect a short term rally before the Midterm Elections. Looking forward to read your opinion about it.
AMEX:SPYLong
by TopgOptions
15
dkng bull flagLooking through some charts and noticed a bull flag forming in DKNG. Provided the overall market doesn't implode over the next couple days, I'm thinking it fights its way back up into the 16s not expecting it to break out of the flag formation but definitely possible/likely to test the top of the channel imo. Nice volume gap from here all the way up to the 16s area doesn't provide a ton of resistance. One issue I am seeing is the IV on the options contracts is very high. No position currently but will keep on watch and look to play it if the set-up stays the same. Not financial advice!
NASDAQ:DKNGLong
by EZmoney24
1
SPY S&P 500 ETF game plan for this weekAfter last week`s rebound played perfectly: As well as the the Head and Shoulders Bearish Chart Pattern: For this week i have selected the 1h timeframe to understand better the possible movement. I believe that we will see a rebound once again at the beginning of this week after the speaks of Chicago FED Presidend and Vice Chair of FED on Monday and Cleveland FED President on Tuesday, but the market will close once again red on Friday, after the bank reports, where i think we will hear about revisions and recession incoming. Looking forward to read your opinion about it.
AMEX:SPYLong
by TopgOptions
5
$SPY Can we go higher?Hi Traders - It's been a while since my last post and I figured I share this one with you guys. In the chart, I lay out the two most likely scenarios on each side of the trade. Personally, I believe there will be upward pressure here, because of the sheer amount of upside. However , we will have to see the overnight price action and pre-market before making an accurate judgement on which way we will move. Sincerely, Mike (UPRIGHT Trading) **PLEASE NOTE: the indicators at the bottom are for analysis**
AMEX:SPY
by UPRIGHTTrading
5
SPY S&P 500 ETF Double Bottom Technical ReboundIf you haven`t shorted the SPY Head and Shoulders Pattern: Then you should know that a technical rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold. In this case, the Relative Strength Index momentum indicator of SPY S&P 500 ETF is at 24.05 on a Double Bottom Reversal Chart Pattern. A double bottom is a reversal chart pattern in technical analysis that describes a change in trend. Even though i am overall bearish on the economy, buying a strong financial instrument when the RSI is below 30, would make a case for a potential short term reversal. My ultimate price target is $338, but for now i am bullish. Looking forward to read your opinion about it.
AMEX:SPYLong
by TopgOptions
1