Pattern Identified- Ascending Channel
The Ascending Channel pattern was identified on multiple timeframes to include the monthly, weekly, daily and four hour charts.
Due to recent market climate and conditions, I am neutral on SPY until the channel breaks.
Peace & Prosperity,
MrALtrades00
*Lines were used on some of the timeframes to easily identify trend line touches.
*This is not financial advice.
The Ascending Channel pattern was identified on multiple timeframes to include the monthly, weekly, daily and four hour charts.
Due to recent market climate and conditions, I am neutral on SPY until the channel breaks.
Peace & Prosperity,
MrALtrades00
*Lines were used on some of the timeframes to easily identify trend line touches.
*This is not financial advice.