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StijndeVries

What a difficult market...

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
StijndeVries  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) head_and_shoulder pattern bulltrap neckline crossover rallies market
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trendanalysis chartpattern indicator spy head_and_shoulder pattern bulltrap neckline crossover rallies market
SPY

I thought that we broke the neckline nine May, I expected a retest of the neckline, but I did not expect a cross back above.
But what caught my attention is that the rallies occur on light (under average) volume.
Maybe this could indicate a bull trap.

I can not wait for your response and vision on the current market.
I wish you all the best

This is no financial advice.

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