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SPY to fall on Monday, August 28, 2023
SPDR S&P 500 ETF TRUST
Short
SPY to fall on Monday, August 28, 2023
By TradersForecast
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Updated
Aug 31, 2023
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Aug 25, 2023
RSI is in downward channel and it also formed a head-and-shoulder pattern. I expect a significant fall of SPY on Monday, August 28, 2023.
Aug 31, 2023
Note
The pattern didn't hold. However, I expect SPY to fall today and/or tomorrow (Thursday/Friday) maybe even beyond that.
Oscillators
SPX (S&P 500 Index)
SPDR S&P 500 ETF (SPY)
TradersForecast
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