Comments on: SPY Breaking 406 Support

By: KevinK

KevinK — Thu, 27 Apr 2023 00:53:48 +0000

In reply to Mikeflegel. They will always be rolling in dough as long as they stay in bed with Washington.

By: Mikeflegel

Mikeflegel — Wed, 26 Apr 2023 20:40:39 +0000

In reply to trade0039. Especially Facebook. Created not as a fun get together but as a collector information and sell it to big brother hack.

By: trade0039

trade0039 — Wed, 26 Apr 2023 20:32:27 +0000

Its hard to believe one after another the Mega Cap stocks are exploding beating the earnings!

By: Jeff Vandenburgh

Jeff Vandenburgh — Wed, 26 Apr 2023 19:52:23 +0000

SPX yearly pivot at 4050, right where price is now. Could be some battling around this level before heading lower in a large way, in my opinion.

By: rsotc

rsotc — Wed, 26 Apr 2023 18:56:38 +0000

In reply to Mikeflegel. Things could certainly look different tomorrow but as of now, simply a breakdown (yesterday) and backtest (today) of the recent trading range on the $NDX, providing an objective short entry or add-on. Completely normal to run up a bit back inside of the range on a backtest like we have so far today & right into that minor downtrend line I stated as another objective short entry if we did (which we have, with a rejection off that TL, so far.)

By: Mikeflegel

Mikeflegel — Wed, 26 Apr 2023 15:36:18 +0000

Randy? Maybe things will look different tomorrow but do we have a failed breakdown on our hands. Thanks