Here is gap filled and 50 daily MA resistance area (see daily chart 50 MA, not post here), so, for the e-wave crews, if it is ABC zig zag, the C wave down is still in the card. but I am trend following, so far short term trend is looking good. until I can spot a turn.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Tomorrow is 3rd Friday of the month, option expiry, resume to the down side tomorrow will not surprise me at all, Bulls are not out of the woods bottom line.
My comments are for entertainment/educational purpose only. NOT a trade advice.
It's the very first touch of EMA20 in 2+ hours so watch for EMA buy setup.
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this is the first blue leg up of the red zigzag up. There is certainly another blue leg up within the red leg up. With that said, I do expect SPY pullbacks a little later today or early tomorrow, presumably the highlighted area (~440)
The earlier little inverse H&S didn’t work well, so it’s broadened here
If SPY can convncingly move above that current double top
the cyan target box is way up there
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Harvard, the world's wealthiest university, charges $51,925 yearly for “undergraduate tuition and fees.”
Reuters just reported that Harvard’s endowment soared to $53.2 billion, a 34% gain in the fiscal year that ended in June.
(You do the math)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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