BATS:SPY   SPDR S&P 500 ETF
272 0 1
The SPY             has been rallying the last few hours of the session. This is due to the FED announcement regarding the so called Tapering.
The weird thing is that previously, every time there was a Taper talk, the markets would panic and slide down. Now, when the FED announced an actual date where the Taper will initiate, the market actually rallied.
On the technical side, SPY             resides on a multiple day high and a yellow PivotBreak line which acts as resistance. Not only the price sits right on the resistance level , but we made it there on a big green candle with unusual high volume . That is definitely a Bullish sign, and I wonder if we will have any chance of buying the SPY             tomorrow at a reasonable price. Chances are that we will see a big Gap Up.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out