Did the SPY found a new support?
I, Honestly, don't, think, so. I would be more content if either retest the $358.~ area or BETTER yet if it hits the $338.~ area. WHY because of everything that is going around. That does not mean that it can not go higher and plunge.
To me today was a weak candle,
1. Not a good volume
2. RSI down
3. Did not close above yesterday's close
People are scare.
Are you more bullish now or bearish
?
"This is only my personal opinion. I am not a trading/finance adviser.”
I, Honestly, don't, think, so. I would be more content if either retest the $358.~ area or BETTER yet if it hits the $338.~ area. WHY because of everything that is going around. That does not mean that it can not go higher and plunge.
To me today was a weak candle,
1. Not a good volume
2. RSI down
3. Did not close above yesterday's close
People are scare.
Are you more bullish now or bearish
?
"This is only my personal opinion. I am not a trading/finance adviser.”
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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.
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.