medicusdriver's profile picture. The Golf Dude is owner of http://MagicGolfSwingMove.blogspot.com and has published hundreds of quality golf swing instruction articles.

The Golf Dude

@medicusdriver

The Golf Dude is owner of http://MagicGolfSwingMove.blogspot.com and has published hundreds of quality golf swing instruction articles.

$spy Tomorrow I'll be watching if the $SPY bounces off 366/368 support area or pushes through. If it pushes through, I'll wait for a retest of this area and look for entry points. If support holds, I'll look for entry points off the bounce. Same holds true for 378/382 resistance.


$spy formed a double top on the 5 min chart, I'm watching for a strong move below 376 EOD...


Will the $SPY break through resistance at the 380 area or bounce off? This is a critical area for a trend reversal and a potential bull rally...


$SPY Looks like a potential island reversal candlestick pattern forming today combined with an exhaustion gap down on 6/16 and an abandoned baby on 6/17, all strong indicators for a trend reversal, have we hit botom?


$SPY Nice fake break out below support to 362 on Friday for the SPY, barely taking out Thurs yearly low. A lot of shorts got trapped here allowing MMs to get in on a great price and pump it right back up.


$SPY SPY showing descending triangle on the 1hr chart, could be a big move down coming real soon, or could stay in a sideways pattern.


$SPY Bearish head & shoulders forming off resistance on the 1 hr chart, are all those massive dark pool prints coming through??


The Golf Dude reposted

I discussed on @HalftimeReport & @CNBCFastMoney the incredibly huge put buying in multiple ETFs: $SPY, $EFA, $IWM, $XLF and others, and that continues today

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The Golf Dude reposted

Yes

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$SPY saw a significant gap down yesterday on the daily chart. The MMs could be pumping it to the 370-373 range to fill all those potential huge sell orders in waiting, or it could fill the gap up to the 383 area then away we go! I think there are mucho sell orders waiting...


$SPY The VIX failed to make a higher-high on the daily chart, could this be the start of a bear rally?? Thoughts?


United States Trends

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