SPY: Potential rebound scenario
Expecting a recovery from the 500/505 range
Despite potential downward pressure, SPY's robust trend is poised to persist. Should prices dip into the 500-505 range, There's a strong probability of a rebound toward the 512-517 range.
Despite potential downward pressure, SPY's robust trend is poised to persist. Should prices dip into the 500-505 range, There's a strong probability of a rebound toward the 512-517 range.
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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.