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MrALtrades00

SPY with Ascending Channel on Multiple Timeframes

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
MrALtrades00  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Multiple Time Frame Analysis Trend Lines Parallel Channel parallelchannels Ascending Channel channeltrend SPDR S&P 500 ETF (SPY) spyneutral neutral
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mtfa trendline parallelchannel parallelchannels ascendingchannel channeltrend spy spyneutral neutral
Pattern Identified- Ascending Channel

The Ascending Channel pattern was identified on multiple timeframes to include the monthly, weekly, daily and four hour charts.

Due to recent market climate and conditions, I am neutral on SPY until the channel breaks.

Peace & Prosperity,
MrALtrades00


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*Lines were used on some of the timeframes to easily identify trend line touches.






*This is not financial advice.
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