AshHowes

Volume - analysis Support near-term

Penjualan
AMEX:SPY   SPDR S&P 500 ETF TRUST
1
I have drawn whit dotted lines from the Volume histograms far left of chart showing key support levels.

If #1 around 176.77 holds (these are zones rather than precise, pinpoint prices), then expect a bounce to the gap above 183.50. IF it slices through, there is little below before 169.05, so if playing the long side, WATCH OUT or have deep, patient pockets!

I suspect 177 will hold, then a probe to the gap, then either new highs or a Daily swing down to at least that 170 level.

If you change this to a weekly chart, you can see that volume support is WAY lower down back to 2011 levels.
Time will tell.
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.