retest triangle breakout on SPY? Long

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Oct 17, 2018 12:50 PM

if i had to guess, SPY is going to retest the triangle and then continue a bit higher... but who knows, only one way to find out :)

Comments

gkd710

⋅ Feb 5, 2021 10:08 PM

greater than a red piece of yarn?

Reallifetrading

⋅ Oct 17, 2018 3:06 PM

I like it!

Sasquatch_Trader

⋅ Oct 17, 2018 1:42 PM

Former support is now resistance. Heading up to resistance and then moving lower. This is the start of a recession. Central banks are exiting stocks and moving back into bonds, though slowly, as interest rates rise again.