I will be waiting to see if we get some short term buying before continuing down to $5,200 levels.
Waiting for price to reach the $5,800 area and anticipating a strong rejection to continue the bearish trend.
After confirmation of the rejection, I will be looking for simple lower lows, lower highs before entering a sell, preferably around the $5,600 mark.
What are your thoughts on the
SPY and the
USDINDEX in general?
Waiting for price to reach the $5,800 area and anticipating a strong rejection to continue the bearish trend.
After confirmation of the rejection, I will be looking for simple lower lows, lower highs before entering a sell, preferably around the $5,600 mark.
What are your thoughts on the
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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.