SPY in a channel, possibly attempting to fill the gap this week
SPY futures have formed a channel, with a CR passed and shutdown fears temporarily avoided, it is possible that the market may try to fill the gap.
Watch for a breakout to the downside or upside. We may follow this channel for the entire week and breakout Friday with the job numbers, or there may be a surprise catalyst like moodys - although I doubt they will downgrade with the CR being passed, at least without a few more indicators tipping us off.
Overall I am bullish for this upcoming week.
Just my opinions
Watch for a breakout to the downside or upside. We may follow this channel for the entire week and breakout Friday with the job numbers, or there may be a surprise catalyst like moodys - although I doubt they will downgrade with the CR being passed, at least without a few more indicators tipping us off.
Overall I am bullish for this upcoming week.
Just my opinions
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.