SPYvsGME

August Prediction

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
July is now behind us, I shift my focus to August levels.

Short Squeeze I pointed out in last months ideas played out nearly exactly as I predicted.

We're now sitting above the Upper BB with not a lot of room to test the upper 2022 trend channel and the forever infamous 420.69.

I swear some deep pocket whale like Elon has his algos pinned to 420.69

Weekly distributions still remain leptokurtic in 2022.

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.