Hey guys So right at EOD today the SPY pulled above the resistance line we have been watching for a few weeks. The green arrow represents my expectations. Since we closed above the resistance I'm expecting it to act as support. The yellow lines represent other possible situations you should watch for. Thanks! Good luck!
S&P 500 GREXIT SHORT WEEKEND PLAN Wait for rise into 2080s then enter short with stop at 2096 Bet is that weekend chaos ensues causing a drop into Monday
S&P 500 - It's Tea Time - Cup and Handle Formation in Afterhours Shallow cup and handle formed after the close. Entered long at 2049 stop 2030 take profit targets above 2096
TSX HSU S&P500 2X BULL ETF Closed my long position from 8 days ago with 3.88% gain I'm not holding out hope that we will retest the May 21st high anytime soon. I see more ranging ahead or even the long anticipated 20% correction before end of summer. I'm now on the lookout for a short entry point using HSD.TO 2X Bear ETF.
S&P 500 Three Drivers Short Strategy for 3% Correction by June 9 Assuming a retest of the 2061.9 low from May 7. Optimal short entry targets around 2121, 2106, and 2092. Take profit on each drive down, reopen short on minor retrace up.
S&P 500 After Hours Break Up Currently seeing a break up out of the downward channel in after hours trading. Longed earlier once bottom was in, looking for gap up tomorrow on open.