$SPY gets back to $450, now what?
We have been looking for 
SPY to get back to $450, provided it could clear the 200-day moving average.
It has been pretty much rangebound between 430 and 440 -- roughly speaking -- and once it cleared the latter, $450 was the upside target. It's not just the 50% retracement, but back into the December lows. From here, we'll have to navigate. another push higher could put the 61.8% retracement, 21-day and volume-based VWAP in play. If we fail here, last week's high near $444 and the 10-day moving average are in play.
SPY to get back to $450, provided it could clear the 200-day moving average. It has been pretty much rangebound between 430 and 440 -- roughly speaking -- and once it cleared the latter, $450 was the upside target. It's not just the 50% retracement, but back into the December lows. From here, we'll have to navigate. another push higher could put the 61.8% retracement, 21-day and volume-based VWAP in play. If we fail here, last week's high near $444 and the 10-day moving average are in play.
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.