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delusionsofgrandeur

09/09/2020 21:24

$SPDR® S&P 500 ETF Trust I feel like were gonna start gapping up come 12 and 2..if it happens to gap up above the high of the day and hold I'd expect another solid 2-3 percent green day..if we gap down out of the support system we created around 337.50 and dont recover that would signal a bearish trend..I think its gonna go up on lower volume
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All Comments(4)

intuition09/09/2020 21:41
After a crash of this magnitude, call it profit taking or an over-reacrion. it will take a few days for people to realize the bullish trend again. I expect few days of smaller gains due to short weekend. then a good gap up.

Trading Sniper09/09/2020 23:12

I see a bigger move as there still may be a rush to get back in before the next big move, causing a nice sized 1%-3% move but i still take slow and steady as well if im wrong

delusionsofgrandeur09/09/2020 21:43

sounds doable

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Bullsdeep09/09/2020 21:32
There are less gloating bears here during this slide than I expected... makes me wonder if they ran out of cash trying to short the last month or if they juuuuuust decided f it and went bullish and lost that😂

delusionsofgrandeur09/09/2020 21:38

lol they die everyday man...sad thing is u truly can make money on either side..nut u have to commit to a winning strategy..and if u find it stick with it..and be cut throat as u possibly can..I left alot on the table with my last sell but I got out b4 i truly lost value set everything up how u see fit..and u will do nothing but succeed

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Bullsdeep09/09/2020 21:30
I agree also

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Bwl***com09/09/2020 21:30
thats exactly my thoughts also. I said early 342-343 was a key point where if we break we go higher. but it could bounce back which it did end of day. we already filled the first downward gap to 339 and haven't broke that yet. if it breaks down then 337 could happen if not then I believe we will climb back towards high of the day. and if that breaks then 348 is certainly possible tomorrow. but flip side if 339 breaks and then 337 breaks i see 330 coming soon. we're kind of in limbo how right now lol.

delusionsofgrandeur09/09/2020 22:00

you'll be fine I have maximum faith

Bwl***com09/09/2020 21:39

same to you!! I'll admit I held calls but mostly because I am out of day trades lol.

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