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Well We Are Bouncing, What Is Next

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Well We Are Bouncing, What Is Next

PetrTrades
May 26, 2022
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Range Expansion Index Up signal at the close today. This puts us more bullish until the end of the week.

Qualified TD Propulsion up on SPY into the 407 area. This is where I'm scaling positions.

SPY confirming reversal with a close above the TD MA1 pending

AAPL TD Prop and TDMA1 are at the same exact level. This one is barely in the green today. Keep an eye out on this as a possible sign for market to pause because if it can't get back above 143, this is going to the sequential risk level at 131

The gist is I see one or two more days of buying. A big up open tomorrow and I will start to reduce long exposure again.

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