cgu001

cgu001 Updated 

It's highly likely that SPY will go back to its previous descending channel in the next 2 to 3 weeks. 1. 1st target to get in to buy: 379-387. 2. When price hits that range, keep an eye on the strength of bounce. If it's strong and quickly jump outside of that range, then it's very likely that SPY has bottomed. If it's weak and stays around that level for more...

cgu001 Updated 

Look back the history and you will understand what I mean.

cgu001

Look back the history of NFLX and you will understand what I mean.

cgu001

BTC highly correlate with SPY since 2020 covid pandemic and I believe in the future BTC will behave more and more likely as SPY with less volatility. As you can tell from my previous post, BTC shows almost the same pattern as SPY. Therefore, the TA idea works for SPY can also be applied to BTC. Purple box is the first target region but I really question that BTC...

cgu001

Bull was much stronger than what I expected when I published my first post. However, there has been 2 gap downs during the past 3 weeks, which suggests that something bad is brewing. Now let's look at the 1 hr time frame. SPY has clearly fell out of the ascending channel today. Besides that, all the short, middle, long term moving average lines are primed to go...