Bullish SPY, but needs to beat Thursdays Top.
Lots of economical items Friday as SPY start to turn bullish.
SPY must go over Thursdays high. If not, expect a low on Monday. Thankfully, Monday drop might bounce on the strong supports made, and a trendline that is loosely formed.
Unless the economical news breaks all supports, it's seems like a very safe long for next week.
SPY must go over Thursdays high. If not, expect a low on Monday. Thankfully, Monday drop might bounce on the strong supports made, and a trendline that is loosely formed.
Unless the economical news breaks all supports, it's seems like a very safe long for next week.
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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.