Night_Trader

Double Top on hourly in the SPY ?

Short
BATS:SPY   SPDR S&P 500 ETF TRUST
2
Double Top ? We are at the top of 2 longer time channels and we had a reversal bar on high volume and another reversal bar on average volume .
R/R 3:1 with target at gap. Even better with target at gap fill.
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.