SPX / SPY - 30Min View - Morning Update
30Min view of SPX shows we stayed within the current wedge pattern for the most part.
There was a small increase above the resistance line which moved the tip of the pattern back by 7 hours. (I don't think this is big deal)
10WeekMA is coming from below like a shark. IMO we have less than a week before SPY/SPX turns down.
News - Steve Bannon was on CNBC this morning (video not up yet). He said Trump will "Drop the hammer on Sunday". Referring to tariffs.
I will update this article if/when CNBC uploads on their YouTube.
Daily view from yesterday
Weekly view
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY, AAPL.
There was a small increase above the resistance line which moved the tip of the pattern back by 7 hours. (I don't think this is big deal)
10WeekMA is coming from below like a shark. IMO we have less than a week before SPY/SPX turns down.
News - Steve Bannon was on CNBC this morning (video not up yet). He said Trump will "Drop the hammer on Sunday". Referring to tariffs.
I will update this article if/when CNBC uploads on their YouTube.
Daily view from yesterday
Weekly view
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY, AAPL.