This stock will break it's Bollinger to the downside most likely tmmrw or Wednesday you will need to wait for it to get to 98-100$ area then buy a call for 2-3 weeks out to see the rewards I'll be keeping my eyes on it and also be putting if I enter the trade
This daily close was really bad for spy a big red candle next to a 25-30% green candle is such a bearish sign for days to come if you know candlestick patterns also you have 5/50/100 ema all crossing and pointing down and the market will follow it so be ready for a big move down.
This Rising wedge is something I've been monitoring on Vix for a few weels now and usually when these break they will retest and if they don't break through you already know what to do :) I'm expecting us to fall tmmrw due to Powell at 9am to 518-520 area on spy I expect us to retest the trend line I have drawn in the Tan color and then reject and will give the...