Nice Symetrical Triangle forming on the 4H/Daily charts! Could be either bullish or bearish. Looking forward to enter a small swing position when price action starts moving outside the triangle with volume!
If Bullish , the break of the 465 level could make this run all the way to ATH.
(Don't mind red levels.. I use these for intra-day trading.)
SWING TRADE AMEX:SPY
Head And Shoulders Pattern on the Daily Chart. Enter if significant break of the neckline + news.
Looking for puts around 325-330 strike price. Depends of when the neckline is broken.
Target 1 : 320 Resistance
Target 2 : 313 Supply Zone - Half Off
Target 3 : 300 Resistance - Half Off
Target 4 : 290 Resistance - Close position
