finvizclub

SPY Bounce Today, Can We Clear Resistance Next?

AMEX:SPY   SPDR S&P 500 ETF TRUST
Nice bounce off the psychological 200MA today as expected. If this buying momentum can continue, I would like to see this clear 265-266 and then hold it as support. If instead this acts as resistance then we may get some more selling. How low will the selling be? I would have to wait until it happens to gauge the next move.

Remember, charts are still quite damage and I need some more data points to get a better picture. :)

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.