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twotimezinvestments
Aug 18, 2022 12:18 AM

2X $SPY 1D ANALYSIS! (SPY MEETS TRENDLINE) Short

SPDR S&P 500 ETF TRUSTArca

Description

SPY has been bullish since June '22, after it broke the short-term bearish trendline & ran for +10%. seeing the rejection of the trendline can mean a reversal wait on confirmation! Lot of Good FOMC new had stocks rallying up after news but spy didnt move a lot which lets me know either end of a trend/reversal or a fake breakout & a long consolidation period!
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