SPY reached key level
On Weekly time frame. IF this week or next week SPY closes under this key level, it will be creating double top. That's mean it will drop to 390. However it is consolidating in the reversal area of Harmonic shark. This week and next week is so critical to the market to decide who will win BULLs or BEARs!
STOCH is in the OVERSOLD area, it may indicate the end of pullback
STOCH is in the OVERSOLD area, it may indicate the end of pullback
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.