soldenal

SPY likely drop lower next week

Satış
soldenal Güncellendi   
AMEX:SPY   SPDR S&P 500 ETF TRUST
The quick rally of last week was quite impressive, but what I see is still quick-rise-slow-drop type price action, which is a typical bear market behavior.

Therefore I feel my bear market thesis is actually validated and expecting to see a drop in the coming week. But this market looks like a weak bearish trending market, so even this time we might not dip below to, I think we will dip to around 400 (maybe 398).

Yorum:
For the upper bound I think SPY probably will touch 200 day MA which is about 456 then head down.
Yorum:
Meant to say "so even this time we might not dip to 380"
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.