SPDR S&P 500 ETF TRUST
Short
Updated

live analysis $SPY bearish head n shoulders

158
*live analysis*
looks like a head and shoulders pattern on the daily, I also noticed that if you zoom out you to see the big picture you can see that SPY has been in a rising wedge for months now. on the 1 hr its likely to find support at the 390.20 level on that 50 EMA.next level of support is at that 389.22. happy trading let me know what y'all think
Note
sorry for the brush tool im using my Mac book

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.