Hi

@Asphen
Bearish! What to look out for! Where is the turning point? - Reiteration : MA5 and MA20; note the sloping down of both MAs with an expanding bollinger band - Reiteration : Basically means bearish with bear flags and bear rallies (aka bull traps) - Look for MA5 basing: just like previous sharing on inverse basing of MA5, ww now need to look for MA5 basing; this will coincide with a decrease in widening of bolliinger band. - Once we have basing of MA5, we will also see a consolidation of base of price action. - When that happens, whether it is bear flag or bottoming, again, MA5 and MA20 will be telling. - Will CPI and PPI coming week create the bull trap or just cause a dump? - Note super important FOMC on 22 Mar (which also comes with SEP this time) Good luck, all. @CaptainTiger @melson @LMSunshine @Deposit @TigerStars $SPY(SPY)$
Bearish! What to look out for! Where is the turning point? - Reiteration : MA5 and MA20; note the sloping down of both MAs with an expanding bollinger band - Reiteration : Basically means bearish with bear flags and bear rallies (aka bull traps) - Look for MA5 basing: just like previous sharing on inverse basing of MA5, ww now need to look for MA5 basing; this will coincide with a decrease in widening of bolliinger band. - Once we have basing of MA5, we will also see a consolidation of base of price action. - When that happens, whether it is bear flag or bottoming, again, MA5 and MA20 will be telling. - Will CPI and PPI coming week create the bull trap or just cause a dump? - Note super important FOMC on 22 Mar (which also comes with SEP this time) Good luck, all. @CaptainTiger @melson @LMSunshine @Deposit @TigerStars $SPY(SPY)$

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  • Azzu
    ·2023-03-12
    [Cool]
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