Get started
SPDR S&P 500 ETF TRUST
Long
Updated

SPY Bullish Descending Wedge Formation

517
SPY looks to be forming a descending wedge. I will be watching closely for a break out of this wedge to go long.

Let's see how this plays out the next few days with potentially more stimulus being announced.
Note
Will likely open a long position near 315 if this plays out as expected
snapshot
aaronsmth5
Chart PatternsTechnical Indicatorssp50SPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) spylongTrend Analysis

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.
Chart PatternsTechnical Indicatorssp50SPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) spylongTrend Analysis
aaronsmth5

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.