$V TOP 20
Added 2025-04-06 19:25:37 +0000 UTCLast Sunday we said that $V recaptured its 50 Day MA which was certainly out of fashion with many companies in the market but we remained committed to our count as it has not stirred us wrong for 10 months now
True to form, the price dropped very strongly after losing the 50 Day MA support and looks set to test the 200 Day MA next here at $302, losing this level and the 0.38 Fib is at $29.3
We have used $V over the last 12 months to guide ua, and show us if the market sentiment is weak or strong.....so it is very interesting to see that the $V chart is aligned with the $SPY Contrarian chart I shared recently.
Something that should be acknowledged.
Comments
Question is if we'll complete V's wave 5 with Spy in wave B or in wave 5. Interesting times ahead
sahilpreet Singh
2025-04-06 21:59:37 +0000 UTCUnpopular opinion - V Shows the true market sentiment
sahilpreet Singh
2025-04-06 21:58:01 +0000 UTC
