SPY | Informative | Day Trade plan for 9-23-2022

SPY


I expect it to fill the gap at 365 and then hit bottom at 361, which means a 4% to 5% decline with a considerable gap-down; it's precisely what we need as a reversal signal. Then during the JPOW speech it recovers most of it, goes back to the 370 area, and closes with a Doji or hammer candlestick.
it could be wild,
BTD today, the Market needs a rally after today.

*This is my personal idea and could be wrong 100%

Comment:

3705 is support, if it lose it then 3665 is the next stop, in plain English 365

Comment:

be ready for a quick reversal, VIX at 29$, means double top

Comment:

Target hit, positions closed. love it

Trade closed: target reached

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Look at these key levels. This chart is like a painting, pure art. lol