SPY - down to 153.50?
SPY has recently overshoot it's long term trend channel from the top.
Usually, such overshoots on one end lead to major overshoots of a trend line on the other end.
I bet that trend line won't hold well this time and the unclosed gap at 154 might act as a good magnet here.
Track this and other predictions with Market Druids on Facebook (or MarketDruids.com), make your own predictions and track them and your stats against others!
Usually, such overshoots on one end lead to major overshoots of a trend line on the other end.
I bet that trend line won't hold well this time and the unclosed gap at 154 might act as a good magnet here.
Track this and other predictions with Market Druids on Facebook (or MarketDruids.com), make your own predictions and track them and your stats against others!
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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.