stocktradecoach0396

S&P 500 SPDR Consolidating

AMEX:SPY   SPDR S&P 500 ETF TRUST
On the Stock Market Sept 22nd 2020 pull back from all time highs as pundits go to cash into the U.S. election ... as well as COVID speculation regarding outcome after the back to school fall season ... watching S&P SPY test 323.28 support now
Comment:
On the stock market October 7th 2020 ,,, consolidation channel established on S&P500 SPDR 340 support and 360 resistance ... trading around midpoint resistance test at 343.06 now ...
Comment:
CORRECTION TO OCTOBER 7TH COMMENT ...
On the stock market October 7th 2020 ,,, consolidation channel established on S&P500 SPDR 320 support and 360 resistance ... trading around midpoint resistance test at 343.06 now ...
Comment:
On the stock market Nov 6th 2020 ... unprecedented political events fuel volatility within S&P500 SPDR consolidation channel. the market is liking the premise of divided government thus buoyancy is evident. Watching the top of channel resistance level at 360 now.

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