SPDR S&P 500 ETF TRUSTPenjualan
Neutral to short
SPY is in a consolidation phase, in which it develops a pattern called low base formations. After the leg down, the low base formation is more bearish than bullish.
It is below all moving averages (8,20,50,200), which also indicates that SPY is more bearish than bullish.
The volume is neutral because we are in a period of weaker volume.
The RSI is in a neutral position.
MACD is in a neutral to bearish position.
Assessment: if SPY falls below 374.77, i.e. the low of 22 Dec, a strong fall towards the lower trend line will most likely follow.
A daily close above 391 would open the way to a test of the 200 MA and the upper trend line.
70% chance it will go down.
It is below all moving averages (8,20,50,200), which also indicates that SPY is more bearish than bullish.
The volume is neutral because we are in a period of weaker volume.
The RSI is in a neutral position.
MACD is in a neutral to bearish position.
Assessment: if SPY falls below 374.77, i.e. the low of 22 Dec, a strong fall towards the lower trend line will most likely follow.
A daily close above 391 would open the way to a test of the 200 MA and the upper trend line.
70% chance it will go down.
Consistency is the key of success....
Pernyataan Penyangkalan
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Consistency is the key of success....
Pernyataan Penyangkalan
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.