SPY Daily Analysis
With regards, on the News of Increase Yield of the Treasury and bad earning announcement, institution trying to sell off that caused the price drop tremendously.
I would suggest we take Short Trades (short term) to find more potential entry. Never ever catch a falling knife.
Potential entry probably we can look into a smaller time frame (Example : 5M and 15M) to trade. Kindly set a more precise SL, or shift SL
I would suggest we take Short Trades (short term) to find more potential entry. Never ever catch a falling knife.
Potential entry probably we can look into a smaller time frame (Example : 5M and 15M) to trade. Kindly set a more precise SL, or shift SL
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.