AWPEARCE1

SPY POTENTIAL FURTHER ROOM UPWARD

AMEX:SPY   SPDR S&P 500 ETF TRUST
Although all the SnP instruments are all tracking upwards in a similar fashion, I see further upward momentum prior to the pending elections.
We are in a short term downtrend, and I would buy at overbought stochastic as set out on chart. I will use a very small stop loss. HIGH RISK TRADE

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.