$SPY trying to recover
SPY completed a bullish Gartley in its daily chart and it's currently headed towards the resistance of 266.70.
Overall picture gives a downtrend nonetheless.
Stochastic RSI in oversold territory and MACD recovering but still in negative territory confirms it.
Not a trading advice, merely an idea for educational purposes
Overall picture gives a downtrend nonetheless.
Stochastic RSI in oversold territory and MACD recovering but still in negative territory confirms it.
Not a trading advice, merely an idea for educational purposes
Trade closed: target reached
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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.
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.