S&P 500 SPY ETF [Into The Close] - 01 Dec
Chart: 1H
How I'm Seeing It: The index traded above yesterday's early-session support however failed to hold as it hit the downward trend line and followed that up with another gap fill at $457.58. The market's making an attempt to take off the lows of the session but this bounce looks weak. As I said earlier this afternoon, that $462-$464 level could be a tough level to get through. So far this session, it's been the case. Next support $455-456 but how long until it gives way?
How I'm Seeing It: The index traded above yesterday's early-session support however failed to hold as it hit the downward trend line and followed that up with another gap fill at $457.58. The market's making an attempt to take off the lows of the session but this bounce looks weak. As I said earlier this afternoon, that $462-$464 level could be a tough level to get through. So far this session, it's been the case. Next support $455-456 but how long until it gives way?
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Publications connexes
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.