hungry_hippo

I SPY another pennant

hungry_hippo Güncellendi   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart pattern looks incomplete like it needs a new top. Plus RTY never filled the COVID gap so small caps have to go up and double top.

I think we get more stimulus talk or something next week, but chart pattern and futures indicators are bearish for Monday, so I drew up this pennant. More whipsaw next week then a pump is my guess.
Yorum:
Appears major stocks are setting up for earnings, see my AMZN plot. Same exact price where it opened last quarter after earnings.

I don't expect the market to do much for the next couple of weeks....
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.