$SPOT TA
Looking at 
SPOT we can see a descending wedge. A bullish pattern however we are just needing to confirm a breakout of trend. With the 
AAPL news may be the catalyst it needs. In my personal opinion based off of RSI and TTM squeeze, I believe we will see a cool off of buyers before jumping into another run. All of this will be determined by SPY. I believe we will see 
SPY red/chop until Tuesday(9/14/21) before reversing off of daily trend respecting the ascending wedge. If SPY runs red and we see a daily close on SPOT below 245.50 I will play shorts, however, if we see green on SPY and a hold above 245.50 we see green. A break and hold of 245.50 would be an early entrance a safer entrance for longs would be a break and hold of 255.50.
Would love to hear your opinion on this TA!
SPOT we can see a descending wedge. A bullish pattern however we are just needing to confirm a breakout of trend. With the AAPL news may be the catalyst it needs. In my personal opinion based off of RSI and TTM squeeze, I believe we will see a cool off of buyers before jumping into another run. All of this will be determined by SPY. I believe we will see SPY red/chop until Tuesday(9/14/21) before reversing off of daily trend respecting the ascending wedge. If SPY runs red and we see a daily close on SPOT below 245.50 I will play shorts, however, if we see green on SPY and a hold above 245.50 we see green. A break and hold of 245.50 would be an early entrance a safer entrance for longs would be a break and hold of 255.50. Would love to hear your opinion on this TA!
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