SPY reversal coming
SPY fell as I predicted in the related idea. It followed exactly the RSI channel that I drew when I posted my earlier idea (yes, I didnt' draw it now but before SPY fell, on Sept. 11, 2023, when SPY was 448.38).
SPY now looks ready for reversal (given the price reaching lower pitchfork lines and RSI reaching the bottom of the channel). Additionally, I have my own indicators that helped my draw this conclusion that I can't include here due to Tradingview house rules restrictions.
The reversal may take some time to play out or my start right away but it's coming. I do expect SPY to go up over the next 2 days. SPY closed today at 425.88.
SPY now looks ready for reversal (given the price reaching lower pitchfork lines and RSI reaching the bottom of the channel). Additionally, I have my own indicators that helped my draw this conclusion that I can't include here due to Tradingview house rules restrictions.
The reversal may take some time to play out or my start right away but it's coming. I do expect SPY to go up over the next 2 days. SPY closed today at 425.88.
Join free discord.gg/wDTkRnS or t.me/TradersForecast
Related publications
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.