themarketzone
Long

Two buy zones to monitor before Yellen's testimony

AMEX:SPY   SPDR S&P 500
$SPY closed back near important support zone last week.
The PRZ of the blue Bat pattern .
The fact that the price couldn't stay above the Fast SMA line is a bearish signal for $SPY.
If 186-188$ won't hold as support, we might see January's lows being tested and the completion of a smaller Bat pattern near 182$
186-188- First Buy Zone to monitor - Will be relevant if the market will open in green.
182 - Bullish Bat pattern near January's lows

This analysis is part of the Weekly Markets Analysis newsletters
To read more interesting technical reviews for the week- http://goo.gl/lGNQ8h

To subscribe to the newsletters - http://goo.gl/JfOLoR


Comment: Yellow Bat pattern triggered last week's late rally. 188$ will be tested this week
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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out