UnknownUnicorn1694303

Double-Confirmation of More Uptrend.

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Major Keys why this Uptrend will continue:
-- 8 out of 10 overnights showed GAPS UP (Yellow Boxes). 2 showed GAPS DOWN (Red Boxes). This after hours activity is usually commensurate with your insider and whale positioning. They have used the after hours 80% of the time to ramp this up. It requires much less capital to do so in after-hours, and they have been very clearly doing so.
-- Trend Bend. This week had shown a horizontal vector and was indicative of a possible major trend down formation. This downtrend was bent the last two days to the upside. (cup and handle confirmed). More confirmation that this is going to be pushed up.
-- This recovery vector is not symmetrical with it's down phase. Symmetry usually happens with high probability.

If you can find a 3 day red candle pullback it's a GREAT opportunity for a 2-4 day scalp even with call contracts. Remember the overnight shows the whales have your back. This up symmetry is different and may present lots of fake out sell off - but this is dialed for up.



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