Asphen
2023-03-29

Heading into a pennant/triangle! Explosive move coming soon! 


- Price action held on Tuesday above MA5/MA20. 

- A very triangle/pennant has been formed and gearing for a big break up or down ==> am currently slightly leaning towards the bullish break as on 30mins chart, an inverse head and shoulder was formed late in the day on Tuesday

- Range to observe leading to PCE Friday is 390 and 400. Quite clear now there will be a big move leading to PCE or before in anticipation (probably expectation for a cooler PCE given inflation markers coming down)


Exciting next few days.

Holding steadfast to my long positions and readying to liquidate should 390 be broken below. 


Good luck, all!

@CaptainTiger  @TigerStars  @melson  @LMSunshine  @Deposit  

$SPY(SPY)$ 

# Technical Analysis

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Comment（50）

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  • melson
    ·2023-03-29
    TOP
    most likely will pump and dump
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    • melsonReplying toAsphen: 
      🚣
      2023-03-29
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    • Asphen: 
      oh dear... then I see your plane icon again
      2023-03-29
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  • NiceOne
    ·2023-03-29
    TOP
    Quite an extraordinary analysis, man. You're amazing!
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    • Asphen: 
      thank you. glad it helps.
      2023-03-29
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  • daz888888888
    ·2023-03-29
    TOP
    Asphen - nice article
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    • Asphen: 
      thank you
      2023-03-29
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  • TKPK
    ·2023-03-29
    TOP
    thanks for sharing
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    • Asphen: 
      you welcome
      2023-03-29
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  • LMSunshine
    ·2023-03-29
    Thx for the great update buddy❣️
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    • Asphen: 
      glad it helps! 😀
      2023-03-29
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  • MojoStellar
    ·2023-03-30
    thanks for sharing
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    • Asphen: 
      you welcome
      2023-03-30
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  • NiceOne
    ·2023-03-29
    Quite an extraordinary analysis, man. You're amazing!
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  • Tuckhpoon
    ·2023-03-30
    Ok
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  • TigerMum
    ·2023-03-29
    👌
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  • appz
    ·2023-03-29
    [smile]
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  • fortuna
    ·2023-03-29
    Ok
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  • Catnbird
    ·2023-03-29
    okay
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  • Limcc
    ·2023-03-29
    👍
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  • ITNerd
    ·2023-03-29
    nice
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  • blankblank
    ·2023-03-29
    K
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  • Vgreen
    ·2023-03-29
    [Like]
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  • BoJio
    ·2023-03-29
    K
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  • Hangmau
    ·2023-03-29
    1
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  • jgaldon
    ·2023-03-29
    ty
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  • NanaKong
    ·2023-03-29
    Good
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