SPY on weekly stays the course LONG Long

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Apr 6, 2024 6:59 AM

SPY on the weekly chart is up 25% in the past six months. This is beyond its historical norms

even during a presidential election year. While there has been some volatility in both directions

the climb is consistent and persistent. The indicators serve to document this. The predictive

algo predicts more of the same. A price cut when the fed gets around to it will serve to sustain

the trend. Lack of it through the summer may cause a fade of momentum. Make hay while the

sun shines.

Trade active

⋅ Apr 9, 2024 3:21 PM

SPY is recovering from a 1% sell-off at the opening bell. Inflation data coming in

tomorrow. This was a dip- buying opportunity for those who caught it.

Trade active

⋅ Apr 17, 2024 4:41 AM

SPY maybe rolling over down 4% from the April 1 high pivot

Comment

⋅ Apr 18, 2024 4:08 AM

Comments

amaloyz

⋅ Apr 9, 2024 4:27 PM

sounds like daytrade calls n sell off tmr, any thought boss

thanks

AwesomeAvani

⋅ Apr 9, 2024 5:17 PM

@amaloyz, Not sure as to the meaning of your comment. SPY is trending up on the weekly. There was a good dip buy entry this morning. Business as usual. Probably more of the same tomorrow.