Buy at triple-confluence?
A nice place to buy SPY may be at the triple confluence of the .236 retracement, upward trendline and previous pivot high. A pause or bounce at that level
might make a good entry for another leg up.
might make a good entry for another leg up.
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.