Steversteves

Tomorrow may be the DAY!

Steversteves Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Ya'll, tomorrow is the day. The make or break day.
Finally the math is printing 420s on the horizon.

Look at the indicator on the chart, that tells you what you need to know. 420 is our bullish break for tomorrow!!! NUTS! We made it!
This is invalidated with a drop below 412.


I will leave it at that.
(Haven't run sentiment analysis or any type of analysis for tomorrow, just going off the bullish and bearish break levels determined by my indicator. Will run some numbers later, but really this is all you all need to know for tomorrow IMO. We know whats up. We know what we know. We now have math telling us what we all suspect :-) ).

Take care everyone!

Comment:
Jeeze,
I don't know WTF today was about, but it was annoying.
For the first time in quite actually a while I am super red on the day today. Haven't seen a red day like this since the beginning of the year.
SPY was a no go in either direction.

Despite this doing the bearish break, it only fulfilled 1 of its bearish targets.
When SPY passes its bullish or bearish break, my math indicator will give me price targets to the downside or upside. On a break(either bearish or bullish) typically you will see 4/6 of the targets hit on a weak day and all 6 targets hit on a strong day. We hit only 1.

This means that its not actually quite bearish. Its extremely confusing and I will have to sit down and take a look at what is going on. I have some suspicions but will wait till I actually analyze the data before making assumptions.

Have a great weekend everyone! Hopefully you all had a better Friday than I!

Premium indicators and content have launched! Get access at: www.patreon.com/steversteves
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.