KristianB12

SPY is now a buy

Long
KristianB12 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY is now a buy for the technical reasons given on the chart. It's been a rough earnings season but I expect outlook to brighten once again coming off this low. This is a little derivative of my GOOGL idea but I wanted to reiterate my buy rating on SPY now that we have seen the last leg down.

What do you guys think?

-Kristian
Comment:
Appears to be at bottom.
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.