ArmaanOG

SPY Long Legged Doji on Daily!!!

ArmaanOG Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
What's up everyone. Been a rough last few weeks as we know! We ended this CRAZY week in a DOJI and Daily Which looks to be a Long Legged Doji (Trend Reversal)

We do on the other hand a have a gap to be filled at 400 levels highlighted. It could either dump down there and fill or possible gap up monday morning..

From the looks of it though with Bitcoin going down slowly we most likely will fall through 400 anyways... When? I cant tell you!

Anyways good luck everyone! We shall see what happens :)
Comment:
Update 5/24/22

We ended up falling through 400s to 385 and we consolidated a good amount in the upper 390s area.

(Bitcoin also fell hard and liquadted many people, as well as Luna and many other alts losing half or more of its value!)

We are still in down trend until the MMs say so but gap is Indeed filled and market checked the area out a few times this week. (Consolidation)

Where are we going from here? I don't know.. do you?

Let see what happens!?! Good luck and trade safe!

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