SPY - Chart Link - here I illustrate how
the demand zone is established. It requires a break of structure
(BOS) and then reverts back to where the move originated.
You're welcome - now a quick quiz - can you identify the Supply
zone that formed on a BOS down? Hint it was tested and
FAILED on the big red candle day
SPY Daily
Posted by steve on 10th of Apr 2024 at 03:47 pm
SPY - Chart Link - here I illustrate how the demand zone is established. It requires a break of structure (BOS) and then reverts back to where the move originated.
Steve/Matt, Would it be possible
Posted by foody518 on 10th of Apr 2024 at 10:00 pm
Steve/Matt, Would it be possible to add this to the Education section of the website?
Thank you Steve. Very helpful!
Posted by lnelson214 on 10th of Apr 2024 at 04:02 pm
Thank you Steve. Very helpful!
You're welcome - now a
Posted by steve on 10th of Apr 2024 at 04:07 pm
You're welcome - now a quick quiz - can you identify the Supply zone that formed on a BOS down? Hint it was tested and FAILED on the big red candle day
Not sure I have it.
Posted by lnelson214 on 10th of Apr 2024 at 04:34 pm
Not sure I have it. Please correct if not.
Excellent
Posted by steve on 10th of Apr 2024 at 04:47 pm
Excellent