herhar

SPY should be coming back to its downward channel

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
SPY made a doji over the downward channel... I want to see it get back into the channel and the 23%-38% retracement zone today; RSI (around 50) and volume did not confirm a breakout so I am just calling it an outlier based on, yet, more rumors about the Fed rates


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.