SPY monthly - cautious but no long term sell signal yet

SPDR S&P 500 ETF TRUST (AMEX:SPY)

Updated

AMEX:SPY SPDR S&P 500 ETF TRUST

Trend Analysis Chart Patterns SPDR S&P 500 ETF (SPY)

trendanalysis chartpattern spy

Price and RSI divergence is concerning but no sell signal on monthly chart. To sell I need a price pullback below 10 month MA, a 6 month MA and 10 month MA cross, and a much weaker RSI (close or below 50) and a negative MACD.

Comment:

SPY monthly - might be a good idea to get out

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.