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

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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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