SPY broke below its uptrend from about two weeks ago and also briefly fell below the critical $570 area. Instant response from bulls so far. Bears need to hold this here and keep it under $570 or else it's likely we'll see a squeeze back up to ATH. First downside target is a previous low around $565.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.