SPY TWO LEVELS TWO SCENARIOS| LONG
It is clear from the chart above that SPY is now supported by both the vertical long term support line and a psychologically strong 300 level.
So, I am waiting for a correction to the 300 lvl, and going long big time.
However, watch the mkt closely when doing that. If spy breaks below 300 it stays there for some time I am sure, so get out of your long. And wait.
If the mkt goes below the long term support line, I would consider shorting.
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So, I am waiting for a correction to the 300 lvl, and going long big time.
However, watch the mkt closely when doing that. If spy breaks below 300 it stays there for some time I am sure, so get out of your long. And wait.
If the mkt goes below the long term support line, I would consider shorting.
Please, like, comment!
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.