fingmarkettrader

SPY BULL STORY (CHOPPY AT FIRST)

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
CHART STORY: The inverse Cup and handle in pink is favorable for Bears. We have actually closed below the handle today but, I drew it right on today's close to give it some room. As of now, the bears have control and will take this to 264 in a grinding Fashion. Then the Bulls will step in at that point to attempt its own Cup and Handle to the Upside developed through a future 15 min inverse H and S (example seen at 264 inverted head). At that Point, the bulls will take over and attempt the breakout 1 more time around 271.29.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.