SPDR S&P 500 ETF TRUSTUpdated SPY rangebound rest of today - awaiting tomorrows data
Spy appears that it will be rangebound as the two different wedges I have draw come to a point at 2:30 and 4PM this afternoon. Don't recommend any short term options expiring today. I was lucky and caught the downfall this morning after it tried to break out and closed for ~90%. My guess for tomorrow is that it will break upwards based on this mornings open above. Good luck trading!
Note
Well, it literally broke down while I was typing up my comment... HA
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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.