$SPY on 1HR 12/21 Analysis
SPY on 1HR 12/21 AnalysisFor SPY i am expecting a morning pump.
This pump could potentially run to the 50 day SMA on the hourly chart of $384.44 and retrace.
As for pullback, looking at the stochastic, it shows there needs to be a pullback. It currently way too high imo.
I expect the rest of the day for spy to be relatively red or a sideway if it consolidates there after.
SPY:
1st Resistance: $382.56
1st Support: $378.19
What are your thoughts?
Thanks,
Kelly :)
Kelly @angelbaetrades
Instagram: instagram.com/angelbaetrades/
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Instagram: instagram.com/angelbaetrades/
TiKTok: tiktok.com/@angelbaetrades
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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.
Kelly @angelbaetrades
Instagram: instagram.com/angelbaetrades/
TiKTok: tiktok.com/@angelbaetrades
Instagram: instagram.com/angelbaetrades/
TiKTok: tiktok.com/@angelbaetrades
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.