3309 Drysdale Ct
Edwardsville, IL 62025
Descending wedge on SPY? May be completed on Monday..
I see Qs tagged it high from Feb and SPY also tagged its 78.6
fib before retreating.
TOS seems to be working here. SPY hit 291 overnight, wondering
if that's the test for today if price breaks the 5EMA. 10 Year
yields looking weak this AM.
This week's SPY action on the 10 min chart appears like a
diamond or rising wedge in the making - depending on how much I
SPY possible right shoulder building today on 30 min?
Looking at 260 target if so..
Noticed Value and Financials outperforming relative to Growth
lately. Q's don't appear very motivated.
Appears the diamond on the SPY 5 min chart is about done.
Looking for breakout direction.
With IWM leading the way down..
Tracking a SPY down wedge on 5 min chart.
Looks like a diamond pattern on my 10 min chart
Could be a combination of issues - Read somewhere, gld being
liquidated to meet margin calls -and- price going opposite bond
Have a great weekend Matt. BTW, have you posted your
120 min Dynamic Stop Trend System SSOspreadsheet on the
website? I love that system!!
I believe your chart is correct. The date stamp on the
newsletter chart is the 19th..
Matt, how close or what is the sell trigger on the Trend
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