I expected SPY to move back into the channel by a bit, where it would get accumulated. Had a limit buy order set at 144.50.
Daily chart looks ripe for a move up, but the volume is still somewhat on the low side; lower than I wanted to see before a move up.
Looking at today's action, I'm leaning toward my original analysis - institutions are not yet ready to take this baby up. I'm not moving my order up yet, but I will re-evaluate that during lunch tomorrow. Don't want to pay more than 145.50 though.
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.