zhicheng.miao

Pointing to a September Rate Hike

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
1
A narrowing wedge in yellow shows that a September rate hike is being priced in. Unless QE4, a short near 213 seems a good way forward.

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.