SmartFlip

30 min time frame simple analysis

SmartFlip Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
I have listed two possible scenarios based off the 30 minute chart going into EOW, I feel we have a higher probability to continue down as the market has moved 2 Standard deviations up prior to today.
as always, we never know what will come next, this is just my opinion
in orange i have my unlikely bull scenario
in black we have our more likely bearish scenario , play wisely!
Please remember keeping things as simple as possible is the best way to trade and speculate correctly what will happen next, goodluck!


My opinion not financial advice.
Comment:
Still long bullish scenario in orange played out just as i posted it, now we are back at our support, added to the long at the top. Still awaiting 428-429 area to close 25% of this trade.
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