Night_Trader

Double Top on hourly in the SPY ?

Short
BATS:SPY   SPDR S&P 500 ETF TRUST
244 views
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.

Comments

Excellent use of trend lines and candle volume analysis. I'll keep my eye on this chart
Reply