Thx for the feedback. I try to keep a mix of both chart screenshots & videos as the videos allow me to cover more securities or more time frames on each security but I understand the benefit of chart images with some commentary that can be viewed quickly for those at the office or on the go

SPY 310 is certainly possible within the next few weeks, even within a few days (although probably not until after the FOMC announcement on Wed at 2pm) as that’s only about 2.6% higher. I don’t have an upside target for the wedge pattern but wedges typically break down around 60-70% towards the apex of the wedge although that is just the typical range while some wedges break soon & some much later (closer to the apex). If/when the wedge breaks to the downside, you can get a measured target by adding the widest point of the wedge to the point at which the breakdown occurs.

Usually doesn’t work like that, at least not for me, meaning that a particular security isn’t necessarily bearish when below a certain level & bullish when above it. There are other factors & in the case of SPY, based on the technicals on the weekly, daily & even 60-minute charts, the chances of a substantial correction are still quite elevated. As such, although I don’t have a position in SPY, if I did and was stopped out soon, I would not be then opening a long position as the risk/reward would be very poor anytime soon.
Even if a swing trader only traded one security such as SPY, the should not have a position at all times. In fact, they would probably be best off if they were in cash the majority of the time & only went long or short SPY when the charts confirmed objective entries on clearly bullish or bearish chart patterns with favorable R/R profiles on the trade. Most swing traders should resist the urge to ABT (always-be-trading).

@rsotc I agree that I prefer this to the videos, which i often don’t have time to watch at my day job.