TradingView
hungry_hippo
30 sept. 2021 21:51

Retail bubble pop 

SPDR S&P Retail ETFArca

Description

With the bad news from BBBY the retail bubble finally seems like it's gonna pop. No more stimulus or unemployment supplement.

It's been rangebound for a while now, but with today's drop A/D looks a bit different.... I think it's downhill from here, but I have no idea what the chart will look like so I'm just throwing an extended red arrow out there, lol.

Commentaire

Chart pattern says short Wed morning on the gap up. It gets a 2 day pump Mon/Tue because it always does if you look at the chart patterns
Commentaires
digicool
When in doubt, throw an extended red arrow.. you can always refer it down the line, if it pans out ;)
Plus