AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY closed down 0.36% yesterday.

After being down considerably more in the morning session.

Index found support at 319.50 level as shown KAMA moving average.

ES futes are up 8.75 handles at present on the heels of stellar big tech earnings.

Expecting SPY to open up about 0.33%.

Staying neutral as squeeze momentum indicator trending down.

And RSI trendless, though not negative.

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.