Hedge_Of_The_World

Technical Bounce After Friday's Bullard Spook

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
After a rocket-like rally on Monday morning, we're now drifting at the top of the afternoon session, and trading just below the green ascending trendline, but SPY hourly RSI is showing weakness in the rally. No sign of the bears as yet, but I suspect they will want to recapture that 50DMA before the close to keep the downtrend intact. Let's see what happens next...
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.