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Strategies & Market Trends : TRIPLE TRADES
OPEN 5.840+0.3%3:59 PM EST

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To: POKERSAM who wrote (3366)8/18/2023 8:38:37 PM
From: Bull RidaH   of 4432
 
The picture perfect BULLISH BELT HOLD today will put your thesis of further immediate decline to the test.





Nice primer on the reversal pattern here.



Today’s daily SPY bar above APPEARS to have the “imperfect” feature of .36 worth of “shadow” or “hair” below the open, but when the intraday SPY chart is viewed below, SPY never traded a tick below the open. Da bears looking for more down are operating at an 82% disadvantage according to the YT video above.

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