TradersForecast

SPY bearish pitchfork analysis

Satış
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BATS:SPY   SPDR S&P 500 ETF TRUST
I drew these pitchfork lines before Oct. 15, 2023 when I posted my last SPY idea, titled "SPY: strong bullish pitchfork analysis" (see related idea below). At that time SPY was 427.48. Now it's 470.80. SPY reached the top pitchfork line that I drew back in Oct. 15 last year and is at this time expected to fall further.
Yorum:
SPY broke through, and reached the highest pitchfork line, I now expect SPY to fall. Today it closed at 501.20.
Yorum:
Based on my pitchfork setup, I expect SPY to fall to at least ~465 over the next few weeks.

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.