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CzechCryptoBunny

SPY ascending triangle

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
CzechCryptoBunny Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns Technical Indicators Ascending Triangle swing
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chartpattern indicator ascendingtriangle swing
SPY are currently at the ascending triangle same as NVDA or AMD yesterday. Here is potential to broke it up and go tested 0,5 Fib from last fall -> it's at 266 which is really close. Next potential stop can be around 272 where is POC from 3 years volume profile.
Comment:
snapshot
There is big chance to broke ascending triangle to down direction. If it happens next interesting zone for me are around 246.
Comment:
Tomorrow the new quarter of the year begins. It's time when the biggest funds start re-balancing their portfolios
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