Yonhuat
2022-10-14
$SPDR S&P 500 ETF Trust(SPY)$what now that we witness a 4% turnaround. for the Dow,25 Jan was the last 1300+ movement And the rally continued another 4%. When ES futures crash after CPI, Vix didn't spike when open. That says, buyers are buying.Can long puts had to cover on SPY. That created the upward movement after a mid pause at 11.30. Near term next week spy could see 372, much depends also on earnings from $JPMorgan Chase(JPM)$reporting on Friday. weekly charts on SPY and DJI has a inverse hammer, if next week we get a green candle close, market could get higher shot term. But the bears will take every opportunityto sell down. if you day trade or swing trade,bank in your profits when you see one. Greed may eat them all up. It's generally still a bear outlook until the economic indicators show otherwise. Personally I think the bottom isnear. Good luck everyone. @CaptainTiger@CaptainTiger@TigerStars@CaptainTiger
💰 Stocks to watch today?(16 May)
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