SPY Massive Long! BUY!
Updated
My dear friends,
Please, find my technical outlook for SPY below:
The price is coiling around a solid key level - 509.75
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 512.59
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
Trade closed: target reached
The price has finally arrived to the destination!
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