StocksNCash

SPY Neutral with a Caveat!

BATS:SPY   SPDR S&P 500 ETF TRUST
0
So technically we are still neutral to bearish on the SPY, however with the move at the end of the day and the volume that occurred, I see us bouncing and moving up higher tomorrow and ultimately continuing the bullish trend. We had support of a trend line, a support line and a 50 MA. All that being said, there is still the possibility that we retest and break support, but I don't think that is likely.

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.