Bulls called for backup near the close and shot the price well above the 200 Day MA on the SPY. Bulls not out of the woods yet look to test 262.00 (70% fib) and see a potential dip. If that holds the market is looking Bullish again. However today was a big step in the right direction taking back the 200day MA and the 260 Psychological. I am predicting another battle between 260 and 262 to start the day off.
Good Luck. Im not long yet but I am leaning that way.
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.