$SPY Textbook Channel Behavior ๐
Todayโs action was exactly what bulls needed.
Price pulled backโฆ tagged the lower band of the channelโฆ and buyers stepped in right on cue.
Now the job is simple:
Hold this channel and push higher.
If it slips again, things can get ugly fast ..
Bulls defended today.
Next few sessions decide everything.
Trump said the investment was evidence of "monumental confidence in America's future." He playfully encouraged Son to make the investment $200 billion US. Son chuckled and said that he would try.
Read more: https://t.co/McsY6CQAeJ
As soon as this luddite posted, market dropped big ๐
Should have stayed quiet.
Itโs far better to stay quite and the world assume you are fool. Rather than say something and confirm it.