SPY Huge double bottom on the 1hr, bullies over the weekendSPDR S&P500 US$ forum
SPY Huge double bottom on the 1hr, bullies over the weekend
SPY looks like a bear flag in the making
SPY ngl. this giving me a curve bounce vibe...
SPY For any new traders wondering why we sold off, here's where we are, zoomed out. If you believe that there's been a fundamental shift after the tariffs, we have retraced back to the supply zone. This is a high value area to exit a long-term bullish position if your sentiment has shifted.We're above the anchored vwap from the 2022 low, the august low, feb high, and the april low. Everything in May could be considered a liquidity grab from that perspective. If there are any large traders who think "Tariff's destroyed my confidence, I'm out." They would have been exiting there positions over the past month or two.
SPY personal opinion we see 550 before 600 now
SPY 585 tomorrow no less, no more
SPY there’s a gap to close at $564 and we’re long from there…. The June 20th put for $550 is volume as if it was a next day contract….
SPY my take is its going downSPY they toying with us too much...
SPY sellers showed up on cue at the 2-hour ATR sell zone again (between the red lines), price held pretty strong, since this was the second short wave, and it made a lower low, i expect another sell wave between 592 and the more likely 596 level; failure to make new low would give permission to enter 600-606 range.