SPY - I was neutral going into today. We started off the day by heading lower but not being able to break Friday lows before reversing and breaking Friday highs. This triggers a 2-2 reversal on the daily and now tells us we can potentially target last week highs. Overall going into tomorrow I am bullish and expect to break today's high either in PM or RTH. I would still like to see us break weekly lows, but we still have not seen any weekly reversal signal, so with the daily chart and weekly chart in their current state, I have to be bullish.
Watchlist: UNH - 3-1 PG - 2-1 AA - 2-1
Main Watch: AA - At the bottom of a broadening formation on the daily. Gorgeous setup. Ideally we break today's high and fill/test the FVG level at 39.62 UNH looks solid as well, but AA is a better setup because of the R/R
Previous Main Watch: ETSY - Broke to the upside and saw minimal gains. Weekly still has not broken out so watching to see if we continue to the upside tomorrow.
Watchlist Stats 0/1 SPY predictions 1/1 Main Watch Plays Top Winner: ETSY (+?)
Personal Stats: 0/1 On the Week Overall Red - 1/2 On swings since I started playing them more last week - Lost on ARKK. Got stopped out after we formed a 2-2 reversal on the daily. ARKK shortly after my exit dropped hard and ran to 40% gains from my entry Friday, creating an engulfing daily - Swinging NFE 35 Calls overnight. Seeing tons of potential with this one. Tomorrow NEEDS to be bullish though. I got in extra early on this one but with only 10% of my entire position