melson
2023-11-06

$SPDR S&P 500 ETF Trust(SPY)$  made a 5th green candlestick on Friday, will it continue to make a 6th green candlestick tonight? spy is on an uptrend looking at pnf chart, but it doesn't go in a straightline up, so it is bound to retrace before raising again. spy likely to reach 445 in a few weeks time. 

$FTSE 100(.UKX.UK)$   is the leading indicator of spy. spy may lag ukx by a few weeks before it flows ukx's trend.

$USD Index(USDindex.FOREX)$   retraced causing asian markets to rally. 

do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.

merci beaucoup@Asphen   for sharing your analysis.

merci beaucoup @TigerStars   for reviewing our posts.

merci beaucoup@TigerWire   on the hot topics to post.

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Comments

  • ChrisColeman
    2023-11-07
    ChrisColeman

    Warming up for the Credit Squeeze.!!

    • melson
      credit is already very tight, bankruptcies high
  • Asphen
    2023-11-06
    Asphen
    445!!!! yeah!!! 😀
  • AdamDavis
    2023-11-07
    AdamDavis

    shorties are desperate again. Hedgies game fooled them so good with pretend pullback. from now on you will see ton of BEAR TRAP....enjoy HOLIDAY weeks now. SPY500. driven by TSLA now huge...META soon

  • WernerBilly
    2023-11-07
    WernerBilly

    AFTER HOURS rally will come. Tic toc SPY 440 soon driven by TSLA rising step step by step. META META to the moon after hours

  • 財運到財源滾滾到
    2023-12-01
    財運到財源滾滾到
    🙏
  • Aqa
    2023-11-07
    Aqa
    Lsv👍🏻
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