SurfStalker

$SPY (WEEKLY TIMEFRAME)

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
We can see $SPY price working under the 50 MA (RED) in a downtrend. The Blue lines are AVWAP from Recent high, start of 2022 and working between Pre Covid High and Covid Low. Note the Extremely low average volume last couple of weeks. Which AVWAP will price break next?

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.