SPY - Tomorrow is the Day!
Unless some market manipulation magic happens, we will hit the strong resistance from January 2018 tomorrow.
We have the golden cross on our backs, but this is an incredibly strong resistance point.
In the least, I foresee some kind of short-term drawback if we fail to absolutely smash through the resistance tomorrow. Futures have already hit the resistance level and immediately jumped back. We will likely see the bulls reattempt this hike at open.
Best of luck to all!
We have the golden cross on our backs, but this is an incredibly strong resistance point.
In the least, I foresee some kind of short-term drawback if we fail to absolutely smash through the resistance tomorrow. Futures have already hit the resistance level and immediately jumped back. We will likely see the bulls reattempt this hike at open.
Best of luck to all!
Note
And there you have it, manipulation magic.Somehow, given the bullish reports released today, we remain absolutely flat. Wonderful. Still Bullish till our resistance.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.