reddan256

S&P500, trade and trend ranges [2NOV2021]

Long
CAPITALCOM:US500   US 500
If you have read my previous plans, I have not explicitly posted anything on spy, but I have been writing about it is other plans (link below).
What we have now is another ATH, and this time it is 4646, nice number eh? VIX is signaling bearishness to 14.5 at the lower end. Although SPY has a massive downside to 4500, it is still probable that the dips will be bought since there are surplus of cash everywhere.
Good luck with this one, don't be scared, be more vigilant with this one.

PS. Each box span a day, and the code gives short term and long term trends as shown. the trend is shown with the color of the box. The range is calculated on a daily basis.
If you want similar ranges and trends on your ticker, feel free to contact me, I will add them to my list and provide them when the signal is interesting (for free of course)

Redd

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