4/14 PRO: Morning Briefing
4/14 PRO: Morning Briefing
For Paid Readers Only
Good Morning Traders,
We have some developments on the $SPY we want to address.
First, it is holding the $438 level that we spoke about the other day. This is prior resistance holding as support.
The bad news is it is still below the $444 level which is resistance but, zooming out we can see the weekly candle is looking potentially bullish. We still have 2 days left in the week so we want to monitor this the rest of the week.
You can see the weekly candle on the chart above. It is well off of the lows which shows us a potential LACK OF SUPPLY.
CONGRATS ON $VRTX
Guys, this was a MASSIVE WINNER! We called this multiple times (4 times) and most recently before its massive move.
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