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06/27/2026 Weekend Update
06/27/2026 Weekend Update
Down 1 week, the next week has 59% chances to close up.
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BullBear52x
- Posts: 32000
- Joined: Tue Feb 22, 2011 3:47 pm
Re: 06/27/2026 Weekend Update
"It is what it is department" Weak market conditions, a correction in time not in price. indecision, neutral, the last 4 days closed at the same level. same settlement price. confused market.
Something worth noting: SPY has a spike low, slippery when wet, caution! by Monday if bulls cannot hold up, this could be bad real fast, for now I have not seen anything to be worried about, but it's not the reason to buy. It's okay to be neutral.
Swing setup is on the sell. no new HH bears will hold the bull hostage until then....
Intraday: ONLY price pays. overall leaning bearish, new swing low continues even though the closed wasn't all that bearish, I will have to see new swing high to show up before I could say Bulls want to play, for now, find excuse to sell. Peace!
Something worth noting: SPY has a spike low, slippery when wet, caution! by Monday if bulls cannot hold up, this could be bad real fast, for now I have not seen anything to be worried about, but it's not the reason to buy. It's okay to be neutral.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Re: 06/27/2026 Weekend Update
Thank you, Cobra, BB52x, and the Board.
BB52x comments are well taken.
I also like the guidance from Cobra's chart 0.1.0 SPY Daily
https://stockcharts.com/public/1684859
XLV, IWM and DIA might still continue up.
BB52x comments are well taken.
I also like the guidance from Cobra's chart 0.1.0 SPY Daily
https://stockcharts.com/public/1684859
XLV, IWM and DIA might still continue up.