$SPDR S&P 500 ETF Trust(SPY)$
SPY - TA Update 24 Sept 2022 - What a night!!!
Daily Chart
- Began gap down past the demand zone (Bears intently brought it lower to trigger all the stops there. That led to the onslaught of sell down after)
- Filled the entire gap below (beyond 366!!!!)
- Almost broke the 17 June low (by a few cents!)
- Bulls stepped in strong in the last hour to set a hammer candle!
30mins Chart
- Amazing gap down
- Last hour bulls came in
Next week
- The bulls might want to fill the gap 370 to 374
- Light resistance from 368 to 370
- Is there hope?
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- melson·2022-09-24bulls have been attempting to make a come back for the past 3 sessions but were heavily guarded by short sellers because of their large short sell position. if short sellers lose ground, they will lose big time. they will run out of ammo soon as they cannot fight the might of law of physics where it states what goes up must come down and vice versa.1Report
- CyrilDavy·2022-09-243 months from now when SPX is at 4500 we'll be kicking ourselves for missing this buying opportunity.1Report
- FranklinMorley·2022-09-24well I sold everything in the morning today. All my investments. I think there is real trouble to be had here.1Report
- TooYoung·2022-09-24inputting insight1Report
- eheheh·2022-09-24I wanna buy1Report
- Felixayt·2022-09-24thanks for sharing!1Report
- HHLim·2022-09-26L ikeLikeReport
- LeonardKSW·2022-09-24stupid usaLikeReport
- waterlilyhui·2022-09-24OkLikeReport
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- Bharatt·2022-09-24👍🏻😊LikeReport