drchelsea1

Diamond Moves. Money Printing Machine. Buy and Sell Targets

drchelsea1 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
0. Notes to follow;

1. Looks like 3 diamonds to the 200 day moving average;

2. Looking for another great buying opportunity tomorrow;

3. Looking at Circled areas, buy and sell zone;
Comment:
4. This is the third nicely defined Diamond since the last bottom;

5. 3rd Diamond is consolidation below the 200 day moving average;

6. This MAY NOT be a Bear Market Rally;

7. Many under-performing sectors seems to be playing catch up at the end of the year;

8. Looks like speculative Tech has bottomed;

9. Not sure a 3600 Retest is in the Cards;

0. Bear Market Rallies are much quicker in duration;

1. This one is 2 months long at this point, with Diamond patterns all the way up;

2. The Diamond Pattern, is the absolutely most reliable and pervasive Macro Pattern you will find for December 2022;

3. These Diamonds are spectacular swing and day trade money;
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.