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SPY bulls are holding the line at the weekly trend support line from December 2023, for now bulls still have control and this is just a normal pullback, a rally higher to previous and new highs is likely from here in my opinion..
break of 540 on the weekly timeframe and a lot more blood may come.. but for now its looking like people are buying the dip..
if this post gets some likes ill start posting more SPY updates in the future, this is my first one of the year! its been a while
SPY bulls are holding the line at the weekly trend support line from December 2023, for now bulls still have control and this is just a normal pullback, a rally higher to previous and new highs is likely from here in my opinion..
break of 540 on the weekly timeframe and a lot more blood may come.. but for now its looking like people are buying the dip..
if this post gets some likes ill start posting more SPY updates in the future, this is my first one of the year! its been a while
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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.