SPY LONG MEGA SQUEEZE POTENTIAL
Mega fear in the markets with every Tom, Dick and Harry calling for recession.
Sentiment is leaning incredibly bearish and with SPY coming down to the 2nd of September 2020 high at 358.75, we could see it act as support to squeeze shorts after slipping below and trapping everyone.
Reclaim and push above would be incredibly bullish and set it up for next week. ALSO, big big volume on this break. Would love to see this make a reclaim in afterhours for turbo trapping. Looking for something like purple to play out.
Sentiment is leaning incredibly bearish and with SPY coming down to the 2nd of September 2020 high at 358.75, we could see it act as support to squeeze shorts after slipping below and trapping everyone.
Reclaim and push above would be incredibly bullish and set it up for next week. ALSO, big big volume on this break. Would love to see this make a reclaim in afterhours for turbo trapping. Looking for something like purple to play out.
Losers small winners bigly
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.
Losers small winners bigly
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.