SPY 30Min

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Spy Is looking like it is ready to start heading down, our first meaningful level is 444.19 Crossing this and closing below will put the bears back in control, Today I noticed a lot of chopping around the 445/446 area , Is someone getting ready to drop a bag? or two?
Remember our trendline has been touched 3 times now, I think the rejections around 447 today showed us that we aren't going to go above that point. For now at least. If we see a break of 444, we could quickly reach 437/441 area.
Economic factors are at play with Powell speaking tomorrow. Holding 442P April 25 for a swing into the next few days , Go further out if you can remember this is not investment advice just my opinion

on another note, I have noticed lots of really educated traders battering each other back and forth on Trading view, I just wanted to say these dudes aren't ones that deserve any attention, they care about being wrong a ton! Remember to follow your plan and don't worry if things go sour Alway's another opportunity on the horizon. Your plan is your plan, set it up and follow it and learn from the mistakes . in this game that is what moves you forward.
Goodluck traders hope i could provide meaningful insight into what is possible. anyone telling you with certainty what will happen has not yet learned and the market will make them pay as it always does.
تعليق
We did not gap down, but we did infact gap up and sell off, I was expecting one or the other, makes sense to bid SPY up before a sell off
watch for a bounce to 443 area before continued sell off tomorrow, Goodluck !
SmartFlip
Chart PatternsshortSPDR S&P 500 ETF (SPY) Trend Analysis

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