SPDR S&P 500 ETF TRUSTDiupdate Key Battleground Spot for S&P
This is a crucial battle in the price action between bulls & bears on the SPY, a close below 426-427 could confirm and Head & Shoulders top, with an increasing risk of falling to 380 in a stage 4 trend.
If 427-428 acts as support and we find sideways price action over the next couple of trading days, it could confirm a short term bottom and we see some recovery towards ATH
IGNORE THE HEADLINES AND TRADE THE CHART
SPY, a close below 426-427 could confirm and Head & Shoulders top, with an increasing risk of falling to 380 in a stage 4 trend. If 427-428 acts as support and we find sideways price action over the next couple of trading days, it could confirm a short term bottom and we see some recovery towards ATH
IGNORE THE HEADLINES AND TRADE THE CHART
Catatan
Maybe we find support and rally from here, but we appear to still be in a stage 4 down trend with a bearish triangle
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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.