View: slopechart_SPY.jpg


SPY 30min chart, two chained flags, next target around 270.23

Image added via SlopeCharts


Today I made a trade on guts, with rush and without setup nor target nor stop, result -100% pnl. 
Now charting off market hours I can see or perceive things that I can't in market hours. 
The first flagpole is about 9.9, the after move was 9.82 
The second flagpole is about 12.27, the target starting at 282.50 (if breaks around that number) is around 270.23. 
Around the target seems to be an important zone of support/resistance, with several touches and gaps. 
Really love trading!!! :D 8/7/19