Hey team,
Here is a longer term trend of spy rather than the one I did a few days ago with the 1 hour chart which I indicated was very short term based.
This is the trend from the beginning of 2022. This most recent red candle was no joke. With the hawkishness of the Fed today, we can expect a further downside. I would look to add around when we start approaching the midline (dotted line).
Here is a longer term trend of spy rather than the one I did a few days ago with the 1 hour chart which I indicated was very short term based.
This is the trend from the beginning of 2022. This most recent red candle was no joke. With the hawkishness of the Fed today, we can expect a further downside. I would look to add around when we start approaching the midline (dotted line).