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Bixley

SPY Analysis

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Bixley  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Technical Indicators SPDR S&P 500 ETF (SPY) spylong spy500 spyforcast spyanalysis spyusd spysignals spyidea spyindex
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trendanalysis indicator spy spylong spy500 spyforcast spyanalysis spyusd spysignals spyidea spyindex
The Middle Gann line is of interest in this case
I propose an ascending broadening wedge to form above the middle Gann line
This is shown by the bars pattern placed
The 50MA is an area of support

A Planned Formation - Wedge

The above idea can be applied to this ticker
It seems far fetched but when COVID is compared to other drops in the market, COVID outweighs them all, yet we receive the smallest bear move
Troubling

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