$SPY Technical Analysis for the Noobs (Graph inside)

by nsfwftwbaby

I am seeing a lot of retards that knows nothing about TA posting charts with random up and down arrows indicating where $SPY is heading for the upcoming weeks. STOP being a retard and listen up.

To get a good estimate of where $SPY will go you need to follow the below steps:

  1. Open yahoo finance and search for $SPY
  2. Run the 6 months graph
  3. Circle and identify the trend of the first month
  4. Indicate the upward/downward trend for the next 4 months
  5. Observe and circle the 6th month
  6. Identify the new trend with more arrows
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You should arrive at something like this: imgur.com/a/age2oSx

This is how you do a fucking TA you retarded fucks

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Video Tutorial for the graph illiterates: www.youtube.com/watch?v=UbvfiZI2xnU

TLDR:

Short Term: $SPY 270 4/17 p Catch the bottom and slurp down your gains

Long Term: Leap SPY call for next year

 

Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.

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