Top 5 Weekly Trade Ideas #3 - SPY Bull Flag
SPY filled its gap right before close and looks good for a bounce here if you ask me. If it does bounce tomorrow I'll be looking for a break and retest of the bull flag for a move up to ATH. Downside targets would be $602.50 and $600. $600 would be an enticing long, but starts to look more bearish if it breaks below.
Transaction en cours
This is an entry target here at the lower end of the bull flag and around horizontal support at $602.50. Too bad it is late in the session before CPI. Would be cautious but looks like a good opportunity.
You reap what you sow.
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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
You reap what you sow.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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