Potential Evening Doji star pattern
With an all technical perspective, the spy has formed three tops within the last 6 months with less bullish sentiment.
On a weekly chart we can see spectacular RSI Divergence and a Doji Star. I think this is a very good risk/reward scenario for considering a short position in spy.
The Entry Could be around the close of the doji and a stoploss if it breaks above the doji.
If you want to be more patient, then wait for the weekly confirmation of an Evening Doji star pattern.
Potenital target around the monthly pivot point of 260.
On a weekly chart we can see spectacular RSI Divergence and a Doji Star. I think this is a very good risk/reward scenario for considering a short position in spy.
The Entry Could be around the close of the doji and a stoploss if it breaks above the doji.
If you want to be more patient, then wait for the weekly confirmation of an Evening Doji star pattern.
Potenital target around the monthly pivot point of 260.
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.