nmike

SPY mid week update

BATS:SPY   SPDR S&P 500 ETF TRUST
4
The week is not over but so far it does not look good .Bearish candle pattern developing with NEGATIVE DIVERGENCE and an overbought STOCH RSI turning down. If SPY doesn't hold KEY resistance,watch for price to fall to near term target of 138

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.