TradeByTech
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Joined May 20, 2020
chartpattern
elliottwaveprojection
indicator
sellshort
spy
supertrend
waveanalysis
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SST is about to breakout and price target will be $40. Chart broke all technicals such as 21,50, 100, 200 dates SMA. Medium and short term super trend crossed. Key level is $11.66 and $12.59. If it break this level, next stop would be $17 then parabolic will be triggered to reach $40.
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SPY is in low volume state along with short covering and ready to breakout based on CPI and PPI data as well as follow up interest rate hike talk. Due to low volume bullish, still on the up trend line but other technical indicators have started to cool off like MACD, RSI,SCHOLASTIC, AO. In few days May touch 421 or breakdown from this level. Sell starts from...
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