Lowkey top watch for the next few weeks!
It was a chop zone last week = consolidation? Now zooming out, it’s looking like a loaded wedge/flag forming. A lot of bearish sentiment, tariff talks and unknown lately but this is looking mighty interesting of a formation. Volume also slowly declining, wondering if we’re setting up for once a decision/mutual agreement is made with US, China + others involved.
Green ray is my ENTRY: 5372.44
*Also eyeing 5329.66*
- For potential upside. We have a few gams above to also fill and can magnet upwards if we get news, volume etc.
Looking for the banger* here - of course, things are still brewing. Note this is the HOURLY timeframe. Wait for the setup to come!
Let me know your thoughts! Appreciate any insight. Do your DD! #NFA
SPY
SPX
It was a chop zone last week = consolidation? Now zooming out, it’s looking like a loaded wedge/flag forming. A lot of bearish sentiment, tariff talks and unknown lately but this is looking mighty interesting of a formation. Volume also slowly declining, wondering if we’re setting up for once a decision/mutual agreement is made with US, China + others involved.
Green ray is my ENTRY: 5372.44
*Also eyeing 5329.66*
- For potential upside. We have a few gams above to also fill and can magnet upwards if we get news, volume etc.
Looking for the banger* here - of course, things are still brewing. Note this is the HOURLY timeframe. Wait for the setup to come!
Let me know your thoughts! Appreciate any insight. Do your DD! #NFA
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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.