SPDR S&P 500 ETF TRUST
āđ€āļžāļīāđˆāļĄāļ‚āļķāđ‰āļ™

ðŸŽŊ HISTORICAL EDGE - ðŸŽū BOUNCE?

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Today was interesting day since a few things have triggered:
✅. Yesterday we gapped up
✅. Today we closed at a 10d low
✅. Today we closed under 200MA
✅. Today we closed at 25% of the Daily Close Range (shame)
ðŸĶ„. Some additional technical magic filters

We tested the times this has happened...since 1993📆 !

We saw a relatively bullish move. The 2DAY move on the spy has been bullish nearly 83% of timeðŸŸĒ . This type of setup has occurred 1ïļâƒĢ8ïļâƒĢx!
Average move up has been about 3% over a 2day period, which is positiveðŸŸĒ .

However, if we do not observe strong bounce, probabilities stack strongly to the downside, so observe and evaluate ðŸ”ī .

However, as our members hear me repeat over and over again patience is the name of the game!
Trade safe

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