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@chartwaveinvest · Exit SPY
Read asExit SPY
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—Oct 19
Chart Wave Investing@ChartWaveInvestFutures opened green, however price action is still below our “P” shaped volume profile. We are not switching all the sudden because futures opened green. Price has to prove to us, and buyers need to show strength and defeat all the bearish indicators and evidence we are seeing
Chart Wave Investing@ChartWaveInvest$SPY Where are we headed in the short-term? We expect more downside, and at least testing the daily 200WMA/0.236 fib level on the futures chart Starting with the market internals, you'll notice that the $ADD and $SPY price action are more than less in unison as price has been
