SPY Backtesting channel - Short term Bearish bias
Looks as though SPY fell out of it's channel and is testing it as resistance.
- Hit 61.8% retrace from the Covid dump
- Selling volume increasing, price and oscillators rolling over towards bearish
- broken though support channel structure, testing if bulls will fight back in
Technicals are pointing to a dip, fundamentals are pointing to a dump, offset by how fast Blackstone can spend the Fed's printer money.
Not advice in any way, do your own research
- Hit 61.8% retrace from the Covid dump
- Selling volume increasing, price and oscillators rolling over towards bearish
- broken though support channel structure, testing if bulls will fight back in
Technicals are pointing to a dip, fundamentals are pointing to a dump, offset by how fast Blackstone can spend the Fed's printer money.
Not advice in any way, do your own research
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.
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.