Hello Traders
SPY in key zone
The daily candlestick volume indicator is very short.
On the weekly candlestick, chart we see, the slow volume indicator has just given us a short signal, and the fast indicator confirms the short volume.
We will watch if the price loses the 89 period average or not. If it loses it and the short volume continues to dominate the fall will continue to dominate.
As always with the fibonacci retracements we mark support zones.
The first fixed, 38.2% is at 402.
Have a good day
SPY in key zone
The daily candlestick volume indicator is very short.
On the weekly candlestick, chart we see, the slow volume indicator has just given us a short signal, and the fast indicator confirms the short volume.
We will watch if the price loses the 89 period average or not. If it loses it and the short volume continues to dominate the fall will continue to dominate.
As always with the fibonacci retracements we mark support zones.
The first fixed, 38.2% is at 402.
Have a good day
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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.
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.