Get started
SPDR S&P 500 ETF TRUST
Long
Editors' picks
Updated

SPY no change looking to 425-430

7 962
The SPY is still consolidating on declining volume getting ready to move. It looks like a continuation pattern(Yellow) from the overall major pattern breakout(Blue). The traditional target would be 425-430 where there is some nice resistance. If this pattern fails and breaks down, I will look for 393. This major breakout will help crypto breath really nice and BTC will most likely see 30k from it
Note
snapshot
Note
And here is the weekly view which makes the volume profiles more clear
snapshot
Note
-THIS SETUP HAS PLAYED OUT. BEARISH BREAKOUT TARGET ACHIEVED.
Note
snapshot
Note
"If this pattern fails and breaks down, I will look for 393."
It obviously failed and I had flipped bearish on the retest of the bottom trend line
BTC-HONDA
Also on:
Chart PatternsSPDR S&P 500 ETF (SPY) Trend Analysis

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.
Chart PatternsSPDR S&P 500 ETF (SPY) Trend Analysis
BTC-HONDA
Also on:

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.