We could still be in an ascending channel
I don't fully agree with what the fed is doing but I'm here to make some money. I tried to short and closed it when SPY broke some resistance levels today. It doesn't seem to want to head back down to $300. I admit when I am wrong and the short wasn't the play recently.. even though it made sense. Taking a step back it looks like we are still in an upwards channel and ATH doesn't seem too farfetched.
GL tomorrow traders.
GL tomorrow traders.
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.