May get some luck with risk-off stocks for a week. With two upswings on to bearish hanging man candle could have the SPY retrace. Yellow-dashed-line is at high of this year and Blue-dashed-line is resistance from last hammer head candles stick. Momentum may slow down but hopefully pick back up! LT bullish on the SPY but risk-off will have their day before the COVID vaccine goes national for the US.
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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.