Get started
LeLaf

SPY: Ascending Channel. This is why I'm long on market (#2)

Long
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
LeLaf  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Chart Patterns
2
0
chartpattern
SPY in a channel.
This is why I'm still long on the market.
Price action bouncing off the 50MA and bottom of the channel whenever it reaches it.

Watching for a breach (broke it on Friday) in the bottom of the channel with a possible bounce back off the 200MA.
Support around 405$ in red

Related Ideas

LeLaf
SPY: Ascending Channel. This is why I'm still long on market
LeLaf about SPY
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.