SPDR S&P 500 ETF TRUST
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$SPY short term top downside from $521 to $481

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SPY is looking like it put in a short term top here. I originally only thought that we had the potential to fall to $545 or so, but now looking at the chart, I think we have the possibility of falling farther.

The two targets that I'm looking for on the downside are $524.35 and 481.18.

Let's see if they get hit over the coming weeks.

If they hit, it'll be the ultimate buying opp as I think from there, we're likely to see SPY over $700 in the coming year or two.

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.