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SPDR S&P 500 ETF TRUST
Long
Updated

$SPY: You Decide?

143
Zooming out on the SPY, falling wedge into a big support, however with momentum.

FED to raise rates by 0.50%.

Will we bounce?

Only time will tell.

Note
no real trade setup here except short after the breakdown
afurs1
Chart PatternsTechnical IndicatorsnasdaqS&P 500 (SPX500)US SPX 500SPDR S&P 500 ETF (SPY) spylongTrend Analysis

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTechnical IndicatorsnasdaqS&P 500 (SPX500)US SPX 500SPDR S&P 500 ETF (SPY) spylongTrend Analysis
afurs1

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.