bbahmed

SPY 10/25 Weekly Analysis:

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
TA: Extremely Over Extended In Need Of A Pull Back In Order To See Another Leg Higher! (Ran 23 Points Uncontested In Two Weeks)
What This Means: We Want 447.50 To Hold In Order To Stay Bullish - Weekly Support. 445.40 Last Line In Sand - 4HR 50 EMA Sitting Here. We Can See A Flush If We Fall Under Towards 442.70 / 441 / 440 / 438 / 436
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.