AlexTeddySG
2023-08-23
If I understand correctly, SPY will ultimately go down in following few months based on the trend you noticed, right? Hmm


I could nt look that far, but next few days or week, below is what I could see based on my tools :

//@Keeley:

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$Walt Disney(DIS)$

Price consolidated since my last analysis. No changes to my expectations, more sell-side liquidity being built right now and I'm expecting price to continue lower, taking out the clean low at 85.16.

$SPDR S&P 500 ETF Trust(SPY)$

Price playing out nicely as analyzed last week, giving us a relative equal lows right now. I'm expecting price to make a bullish retracement, potentially into the bearish OB at 4490.33 next before continuing lower.

$Microsoft(MSFT)$

Price filled the fair value gap at 318.25 nicely and grabbed the lows at 312.61, giving us a nice bullish retracement. No break of structure to the upside yet. I want to see a solid break above 325.09 and a confirmation on the lower timeframe in order to go long. If not, I'm expecting price to continue lower to fill the fair value gap at 292.73.

Like, share, and comment if you're holding any one of these companies!

Let me know if you have any tickers you want me to analyze.

@MillionaireTiger @CaptainTiger @TigerStars

@Keeley：#DIS #SPX #MSFT Weekly Stocks Technical Analysis + Fundamental Headline News
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Comments

  • MalcolmEmily
    2023-08-23
    MalcolmEmily

    FACT: MSFT has been the world leading SW company, all financial parameters are excellent. Strong, great potential for growth and acquiring new technology & new company. Be patient. DON'T SELL. MSFT will rise up sharply in the near future

  • PaulaBaldwin
    2023-08-23
    PaulaBaldwin

    DIS is not a growth stock. It’s a value stock, one with a track record of 3 quarters of improvement.

  • BenedictMill
    2023-08-23
    BenedictMill

    I wonder how profitable opening a weekly strangle or straddle only on days the VIX is red during September - October?

  • BruceBryant
    2023-08-23
    BruceBryant

    that 3 week bear market was terrible anyways

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