dylanmojo

SPY premarket analysis

AMEX:SPY   SPDR S&P 500 ETF TRUST
50DMA down
5DMA up
Meaningful VWAPs descending
ABOVE the Fed VWAP
Intraday trend up ("Guilty until proven innocent")

Price set to open above yesterday's close. Possibly test Fed VWAP and yesterday's HOD. Targets presented in the video. No real trade set up observed.

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.