$SPY Room To Run, First Analysis Publishing

This is my first published chart so take this with that in mind. Basing this strictly off of a TA/Charting standpoint, I think the SPY still has a little bit left to run, possibly to 484-486. Hoping I can get long if it retraces to the demand zone and setting a tight stop loss under 469. MACD and RSI do not seem to be too overbought and are showing some strength.

We'll see what happens and I am just using this to track my trades and see if they work in my favor!

NOT FINANCIAL ADVICE!

Commentaire:

Got long in the first 10 seconds of the day on calls. Sold at 478.71. Didn't get exactly what I wanted but adjusted to the market! Will possibly buy more if there is another opportunity