starsora04

SPY analysis on 5/17/2020

AMEX:SPY   SPDR S&P 500 ETF TRUST
81 views
6
From the daily chart , SPY has been in consolidation between 280 and 295 for the last few weeks. This is situation will likely remain until the next wave. Take care!




Comment: One more note is that the SPY is in between the 50 SMA and the 150 SMA.

Comments

Reached resistance of 295 this morning. Just an advice of not to buy at resistance, unless it breaks out and passes the retest of this resistance.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out