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marketmind3

SPY ES1! SPX Still Bullish, Pause before higher

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
marketmind3  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) spyshort spylong S&P 500 (SPX500) SPX (S&P 500 Index) spx500long SPXS S&P 500 E-Mini Futures es1
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trendanalysis chartpattern indicator spy spyshort spylong spx500 spx spx500long spxs es1! es1
The weekly SPY chart continues to look positive.

I circled areas where strong bounce weeks ended up failing and reversing to new lows.

But IMO, those reversals came with poor technicals (MACD trending down and/or negative) and showed big red candles right away. Now, we're seeing different action - MACD is turning up now and last week was flattish, closing at support. Stay long
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.