$SPY $SPX $ES1! Analysis, Key levels, and Targets

27 Jan 2023

SPY SPX ES1! Analysis, Key levels, and Targets

AND we’ve got a hanging man candlestick… On an upswing, the Hanging Man candle is often seen as an sign of potential reversal in trend. A gap down and a close under the body of today’s daily candle would be confirmation and continuation of reversal….

I think y’all know my position. This is the area from my last post that is my threshold for pain, lol, for my 410 puts in April… I’m still holding them but I was a little grumpy today about this rally, I’m not gonna lie…

So let’s get this hanging man reversal confirmation tomorrow, please and thank you…

We do have the PCE inflation report in premarket tomorrow and that could be a catalyst for a gap down and continuation ahead of the FOMC on Feb 1st….

Happy trading tomorrow, y’all…