SPY needs consolidation for potential H&S. Decisive break above gold TL may trend higher, or we'll see re-entry into zone. Will be adding a short lot near $410.48 level. Being mindful of this seasonal month so consolidation for SPY is crucial. Keep in mind, bank stocks kick off a new season of earnings in a few weeks.
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.