30d:30m $SPY
-Micro Uptrend
1d:3m
-Intraday Downtrend with large gap fill above to PDC (Blue line)
1d:3m
-Perfect setup with trendline break combined with a price action break of the 21. Then we pullback into the trendbreak zone and at the same time the 8 and 21 cross. This entry does not get cleaner. Then we break through vwap and the 50 moving average. Once the 21 and 50 cross we never get anywhere close to the 50 again throughout the day until the last 10 minutes of the trading session.
*Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. Read More
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