$SPDR S&P 500 ETF (SPY.US)$ looking at this symmetrical triangle on 4h chart, I think for the next 4 hours, we see significant inflow, driving price up close to pre market high. If it continues to stay in this squeeze leading up to Trump's inauguration, it can easily go above 600 by end of next week.
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$Tesla (TSLA.US)$ it's not going to crash on missed deliveries. Still up 7% from Q3 and 2.2% YoY. I feel like folks are overeacting.
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Still a chance for end of day rally. Could break in to ichimoku cloud and keep going up.
$SPDR S&P 500 ETF (SPY.US)$
$SPDR S&P 500 ETF (SPY.US)$
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$SPDR S&P 500 ETF (SPY.US)$ put/call volume still low at .79. Expect pick up in puts and a good dip (happening now). MMs will hedge, could fuel end of day rally.
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$SPDR S&P 500 ETF (SPY.US)$ red pre mkt, green day
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$SPDR S&P 500 ETF (SPY.US)$ $605 by end of day 26th???
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$SPDR S&P 500 ETF (SPY.US)$
Potential Scenarios:
1. Bullish Continuation:
• If break above $594.88 with volume, it could test $600 or higher psychological levels.
2. Consolidation:
• The price might hover between $594.88 and $593 as it gathers strength for another move.
3. Pullback:
• A rejection from $594.88 could lead to a retracement to $593 or even $592, where buyers may defend.
Potential Scenarios:
1. Bullish Continuation:
• If break above $594.88 with volume, it could test $600 or higher psychological levels.
2. Consolidation:
• The price might hover between $594.88 and $593 as it gathers strength for another move.
3. Pullback:
• A rejection from $594.88 could lead to a retracement to $593 or even $592, where buyers may defend.
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$SPDR S&P 500 ETF (SPY.US)$ expecting volume and volatility today...I don't see a bill passing by session close to avert gov shutdown. Looking for intraday gains and a steep decline to bring back flat or red in the last 30 mins of session hours.
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$SPDR S&P 500 ETF (SPY.US)$ never moves 200 basis points when you need it, only when you don't.
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TokenSleep OP : Nothing is definitive. Will it reach back to pre market high today? Probably not. But it could still close above 600 by end of next week.