realSimpleTrades

Bullish on SPY but after a slight dip

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
I think the Inverse head and shoulders might save the SPY and we may bounce back up. Additionally the RSI is still showing bullish divergence If the there is a solid break below the resistance line in the RSI / the Price action resistance then this idea becomes invalid.
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.