DOA trading Strategy - SPY
#SPY - Update, DOA sniper and DOA meter are still holding red.
We're currently doing a bounce after that nice sell off
Total trend of SPY is still down we're just doing a retracement bounce
We can go as high as $439 if we break this current resistance at $435-436
If we reject at $435-436 or $439 we can keep dropping until $398-400
But if we break those 2 resistance $435-436 and $439 we can bounce until $445
We're currently doing a bounce after that nice sell off
Total trend of SPY is still down we're just doing a retracement bounce
We can go as high as $439 if we break this current resistance at $435-436
If we reject at $435-436 or $439 we can keep dropping until $398-400
But if we break those 2 resistance $435-436 and $439 we can bounce until $445
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.