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UnknownUnicorn11629771

S&P500 Overextended - (Cautious for new trades entry)

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
UnknownUnicorn11629771  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Technical Indicators Fundamental Analysis
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trendanalysis indicator fundamental
Prices are unsettling these few days due to the results of USA presidential election which was just over

With current TA prices are moving erratically due to many uncertainties
Prices also tested the previous high resistance and "knocked" back down strongly
In this situation, it would be best to observe the price movement for the next few days and avoid taking trades
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