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06/21/2025 Weekend Update

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Cobra
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06/21/2025 Weekend Update

Post by Cobra »

Down 2 weeks in a row, the next week has 63% chances to close up.

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JFR
Posts: 11975
Joined: Sun Dec 02, 2012 7:24 pm

Re: 06/21/2025 Weekend Update

Post by JFR »

SPY daily.

In a very wide trading range.

Slipping down to the EMA 20.

Bias ... Heading for a fall? Could be. But the bulls are always there, looking for bargains.

Be careful out there.

Needs to break out, or it will head south.

And, the market is watching world events, tariffs and war.

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Charts posted are not recommendations. They are just a sharing of information.
te_fern
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Re: 06/21/2025 Weekend Update

Post by te_fern »

Before the weekend is over, please take a little time to vote for Cobra, thanks: https://stockcharts.com/public/1684859/ ... /533449377
This is not investment or trade advice.
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BullBear52x
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Joined: Tue Feb 22, 2011 3:47 pm

Re: 06/21/2025 Weekend Update

Post by BullBear52x »

" It is what it is department" Are we there yet?, a daily trend following will buy next dip, but we are not there yet.
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Swing setup: rip will be sold.
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Intraday: Friday's closed with a negative price action. let the Fibo leads, keep it simple, it's a law of probability if you ever used TA to trade. Peace!
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Last edited by BullBear52x on Sun Jun 22, 2025 2:09 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
Posts: 32049
Joined: Tue Feb 22, 2011 3:47 pm

Re: 06/21/2025 Weekend Update

Post by BullBear52x »

Bonus chart: longer term picture, where is the risky dollar at? Buy HYG and SPY, retired and go golfing are still a good strategy. once the HYG drop below 78.5 then....something will be very fishy. chart your trade and trade your chart.!!!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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