Investor Charts

Share this post

SPY ES Broad Risk Update

investorcharts.net

SPY ES Broad Risk Update

PetrTrades
Apr 20, 2022
Share this post

SPY ES Broad Risk Update

investorcharts.net

S&P gameplan from the trend line / short-term resistance this morning has come to fruition. The question is: is this where you add back? My feeling was that generally if bonds start to rally and are deemed more safe by investors, you might see stock underperformance and chasing away from things that were not working into more "safe" assets like treasuries. I believe this is what we are seeing today.

AGG completed a weekly DeMARK 13 combo

S&P now retesting breakout points intraday

TSLA 120M 13

GOOG will have one on the next bar

Because Crypto is leading right now, keep an eye on the 40k area on BTC as a proxy for risk. Long above, short below.

BABA 13 cluster on the 120m

BYND 240M 9 on the next bar off TDST

The gist is: bulls need to hold from here for higher time frame idea to play out.

Share this post

SPY ES Broad Risk Update

investorcharts.net
TopNew

No posts

Ready for more?

© 2023 PetrTrades
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing