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LookIntoTrade
Dec 4, 2018 6:18 AM

S&P 500 bullish? 

SPDR S&P 500 ETF TRUSTArca

Description

This is SPY (S&P500 ETF). The market is above the thick blue trendline but note that the market has seemed to ignore it recently. Anyway, the market is testing the "green" resistance. If it is breached during the next days, it will be a bullish double bottom. Of course, we can expect some selling first. Please note, however, that this is only my prediction.
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