🕵️♂️ I SPY TA – Tuesday July 05, 2022 – Scalpers Delight via /r/wallstreetbets #stocks #wallstreetbets #investing
🕵️♂️ I SPY TA – Tuesday July 05, 2022 – Scalpers Delight
Economic Calendar – July 05, 2022
SPY – Technical Analysis
- Break 381.93 – 384.53 and look for 386.79 – 387.63
- Break 387.63 and look for 389.87
- Break 389.87 and look for 392.01 – 393.73
- Lose 378.93 – 377.96 and look for 375.83
- Lose 375.83 and look for 374.00 – 372.57
- Lose 372.57 and look for 370.51 – 368.65
- Lose 368.65 and look for 365.87 – 364.15
- Gap-fill: 395.44 – 401.52
- Resistance: 381.27 – 378.74 -386.52 – 409.73 – 415.81 – 422.64
- Downside targets: 371.82 – 368.21 – 363.41 – 362.16 – 358.37 – 353.94
Notes
- TL/DR:
- 2 min. RSI bearish divergence for what it’s worth.
- Bullish structure. Puts increased into close. Calls stayed relatively flat throughout the day in terms of 1-day NetFlow.
- Neutral bias with slight edge to bulls.
- 15 min RSI: 67.13 (near overbought)
- 65 min RSI: 54.12 (neutral – bullish)
- Day RSI: 44.48 (neutral)
- 2 min. RSI bearish divergence for what it’s worth.
- Algo Flow – 1 Day – Crossed at 380 ish. Bearish close
- Algo Flow – 5 Day – Crossed at 382 ish. Running with it.
- Netflow – 1 Day – Bullish structure. Puts increased into close. Calls stayed relatively flat throughout the day.
- Netflow – 5 Day – Bearish structure
Positions:
3 – 3. Degen swing.
Thanks for reading,
🌝NightMan
Submitted July 04, 2022 at 05:22PM by jjd1226
via reddit https://ift.tt/OZR1uLk
