Get started
MuhWhipski

spy liquidity grab attempt? smart money concept.

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
MuhWhipski  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Beyond Technical Analysis SPDR S&P 500 ETF (SPY) spyshort spylong smartmoney
3
0
trendanalysis chartpattern beyondta spy spyshort spylong smartmoney
We are currently at a pivot point where we could easily fall or skyrocket. In this chart I have labeled supply/demand zones as well as trends and support/resistance. Where I have text and a circle resembles a change of character and a liquidity grab attempt outside the bullish wedge pattern. It is likely we may see a move up as a attempt to move closer to 400 but if not we will fall below 390. We skyrocketed past this point with the help of the FED last time, will the FED come through and save spy once again?
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.