SPY: Fib resistance on the Monthly

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Mar 16, 2021 2:57 AM

SPY is at a significant fib resistance point on the Monthly - Could extend to the 4(~$430) but considering the lack of a significant pullback and the divergence on the macd and rsi, a minor correction here would make sense.

Comments

bluewater23t

⋅ Mar 16, 2021 7:38 PM

There seems to be no fear in the markets. But buy buy.

myceliium

⋅ Mar 18, 2021 8:04 PM

@bluewater23t, looks like the markets just got a healthy dose of fear. OPEX tomorrow will be interesting....