Spy 11/18
Ascending triangle or possible double top?
Dow Jones closed Tuesday with a shooting star candlestick and followed it up today with a bearish engulfing. Dow Jones is now flirting with a double top
Nasdaq composite (IXIC) is forming a pennant (1hr)
Apple, Amzn, Nvidia and Tesla are showing strength which should boost QQQ
With knowing all of this , I look at the Spy and see 2 possible direction in the immediate future and that's
1. 🐻Double top if break trendline and fall beneath 467
2.🐂 Ascending triangle with a breakout above ATH.
Watch for the price action at the trendline tomorrow
Dow Jones closed Tuesday with a shooting star candlestick and followed it up today with a bearish engulfing. Dow Jones is now flirting with a double top
Nasdaq composite (IXIC) is forming a pennant (1hr)
Apple, Amzn, Nvidia and Tesla are showing strength which should boost QQQ
With knowing all of this , I look at the Spy and see 2 possible direction in the immediate future and that's
1. 🐻Double top if break trendline and fall beneath 467
2.🐂 Ascending triangle with a breakout above ATH.
Watch for the price action at the trendline tomorrow
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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.
Publications connexes
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.