WinnerTrader99

$SPY Bounce for 2-3 Days then Falling again

AMEX:SPY   SPDR S&P 500 ETF TRUST
Volume for this week was much higher than previous weeks and this confirm the down trend but for now candlestick pattern showing bounce from 282 and targeting 291-292 then may be fall down to next down goal between 274-271. the bounce will be to confirm broken trend lines which started at Dec. then continue the down trend up to summer time ..

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.