SPY pre-market study
1. (pre-market) gapping below yesterdays price range - into a pocket
2. just completed a day of compression after..which closed bearish..after...
3. ..a broadening day (sweeping for liquidity?)
i think we see a retracement then possibly repear what happened before at this level (see blue lines)
2. just completed a day of compression after..which closed bearish..after...
3. ..a broadening day (sweeping for liquidity?)
i think we see a retracement then possibly repear what happened before at this level (see blue lines)
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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.