Looks like spy is ready to go. Watch the 414.75 break also 416.40, if break those levels it’s going to 420 then I’m thinking 425 by the end of the week. It looks like we are setting up to go for the 200 day moving average. Also tons of bull gaps that will get filled once we hit that on the way down. Right now the daily chart has more floating candles then a Harry Potter movie ba da dum. Seriously I don’t see the CPI being higher then the last one also the feds aren’t talking this week so we know, when that cat is gone the mice will play. Today the 30 minute open high and 15 minute high played as support and resistance. I believe the first 30 is so important please study the price action. I’m holding 412 calls over night and if you know me I rarely hold anything over night I’m pretty confident we are heading up for now, I maybe wrong but I have to try. What are your CPI predictions up or down. Attached is my 30 minute open video feel free to make it yours
As always trade what’s in front of you good luck
As always trade what’s in front of you good luck
Commentaire:
8.3 is not good. Gap down today red all day be careful out there
