SPY wedge alert
Possible wedge on spy. They held horizontal support with 4hr bull divergences on the rsi. A break above 395 would be very bullish (green path). It could also come down one more time after the FOMC (orange path) but I still think this setup is more bullish than bearish for a larger swing trade toward the gap areas.
Related publications
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.