SPY in SMC Zone 1, Nearing Bottom of Channel
SPY experienced worst week since April. SPY is currently in SMC Zone 1, nearing bottom of channel. Break of channel and SMC Zone 1 could trigger further selloff into SMC Zone 2. This analysis is for informational purposes only.
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.