$SPY hanging on to that March 2020 bottom support line

SPDR S&P 500 ETF TRUST (AMEX:SPY)

Diupdate

AMEX:SPY SPDR S&P 500 ETF TRUST

trendanalysis chartpattern indicator spy spx

Just some observations about the SPY trend lines since Covid19 caused the economy to shut down in March 2020. Support turned to resistance once already. Currently hanging on to the 2020 bottom support line. Will that break and become resistance? We shall see.

Good luck to all! Not investment advice. I am not an expert.

Komentar:

SPY closed just below that bottom support line. CMF from -0.08 to -0.15 is significant in my opinion.

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